PAL reports $86M profit, 15th consecutive profitable quarter

Philippine Airlines (PAL) reported a net income of $86 million, or P4.33 billion, in the first quarter of 2025, marking its 15th consecutive profitable quarter since the start of the COVID-19 pandemic.

Despite a slight decline from $80.9 million in the same period last year, PAL attributed this to increased operations and peak Holy Week traffic shifting from March 2024 to April 2025.

The airline flew 4.1 million passengers and carried 52.6 million kilograms of cargo during the quarter, representing a 5% increase in passenger numbers compared to the previous year.

PAL expanded its route network by launching flights from Manila to Cauayan and from Cebu to Catarman, with new routes to Ho Chi Minh scheduled for May and Danang for July.

Stanley Ng, PAL's president and COO, expressed gratitude to customers and highlighted the company's focus on product improvements, fleet renewal, and digital innovations while prioritizing safety and reliability.