PAL Holdings Inc - Company Profile
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PAL Holdings Inc (PAL Holdings), a subsidiary of Trustmark Holdings Corporation, is an airline company. It operates through its subsidiary Philippine Airlines, Inc. (PAL), which provides passenger and cargo transportation services. PAL Holdings operates flights among several cities in the Philippines and also to several international destinations. PAL Holdings operates from its hub in NAIA Centennial Terminal 2, Pasay and PAL Cargo Terminal. It Holdings also offers insurance, training and maintenance services. The company, through its other subsidiary, PR Holdings, Inc., an investment holding company, deal with real and personal properties including shares, debentures, notes, and stocks. PAL Holdings is headquartered in Pasay, Rizal, the Philippines.
Headquarters
Philippines
Address
8th Floor, PNB Financial Center, President Diosdado Macapagal Ave, CCP Complex, Metro Manila, Pasay, Rizal, 1300
Website
phi.com.ph
Telephone
63 2 88163453
No of Employees
4,808
Industry
Transport and Logistics
Ticker Symbol & Exchange
PAL (PSE)
Revenue (2022)
$2.6B
28.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
105.9%
(2022 vs 2021)
Market Cap*
$1.2B
Net Profit Margin (2022)
XYZ
60.2%
(2022 vs 2021)
* As of and is in US$
PAL Holdings Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Passenger Air Transport |
| Cargo Transport |
| Maintenance |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In April, the company announced its plans to introduce flights between Manila and Seattle, Washington, the US. |
| 2023 | Contracts/Agreements | In December, the company and American Airlines entered into a codeshare agreement to diversify their operations in the US and the Philippines. |
| 2023 | Contracts/Agreements | In September, the company entered into an agreement with Joramco for servicing and modifications to five additional aircraft in the Philippine Airlines fleet, specifically the Boeing 777. |
Competitor Comparison
| Key Parameters | PAL Holdings Inc | Delta Air Lines Inc | Air Canada | Qantas Airways Ltd | Singapore Airlines Ltd |
|---|---|---|---|---|---|
| Headquarters | Philippines | United States of America | Canada | Australia | Singapore |
| City | Pasay | Atlanta | Saint-Laurent | Mascot | Singapore |
| State/Province | Rizal | Georgia | Quebec | New South Wales | - |
| No. of Employees | 4,808 | 103,000 | 35,400 | 25,000 | 22,819 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lucio C. Tan | Chief Executive Officer; President; Chairman | Executive Board | 2000 | 88 |
| Susan T. Lee | Compliance Officer; Chief Financial Officer | Senior Management | 2014 | 52 |
| Lucio Tan | President | Senior Management | 2023 | - |
| Cecilia L. Pesayco | Secretary | Senior Management | 2015 | 70 |
| Carmen K. Tan | Director | Non Executive Board | 2014 | 82 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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