PAL income soars 48% to $60 million in Q2

Philippine Airlines (PAL) announced a 48% increase in net income for the second quarter, reaching $60 million, marking its 15th consecutive profitable quarter.

The flag carrier's net profit for the first half of 2025 climbed to $137 million, a 12% improvement over the previous year.

Second-quarter revenues stood at $831 million, up 6% year-on-year, with operating income rising 10% to $71 million.

PAL transported 4.4 million passengers in the second quarter, a 9% increase from the prior year, despite a slight tempering of revenue growth due to softening international yields.

Operating expenses increased by 5% to $761 million, driven by higher airport and rental charges, third-party contract costs, and depreciation, though slightly offset by an 11% drop in fuel expenses.

PAL's on-time performance improved to 81.23% for the first half of the year, up from 78.66% in the past year.

PAL President Richard Nuttall reaffirmed the company's commitment to service excellence and Filipino hospitality while focusing on revenue generation, financial discipline, and operational integrity.