From January to June, PAL carried 8.47 million passengers and operated 57,598 flights, a 7 percent and 2 percent increase, respectively.
The airline improved its on-time performance to 81.23 percent, earning recognition as the Asia-Pacific’s most punctual airline in April 2025, according to Cirium.
The second quarter saw PAL earn $60 million, up 48 percent from a year ago, as it carried 4.4 million passengers and grew revenues by 6 percent to $831 million.
Management’s view
“As we pursue strong financial results, we remain committed to earning the trust of our valued customers through excellence, service quality, and true Filipino hospitality on every PAL journey,” said Richard Nuttall, president of Philippine Airlines.
“To sustain our momentum in this dynamic operating environment, we will continue to focus on generating healthy revenues, maintaining financial discipline, sustaining operational integrity and providing the kind of exemplary travel experience that our customers deserve.”
Healthy balance sheet
Operating income for the quarter rose 10 percent to $71 million, while total expenses grew 5 percent to $761 million, partly offset by an 11 percent drop in fuel costs.
PAL ended June with $455 million in cash, trimmed debt to $1.39 billion, and funded $300 million in capital expenditures, including pre-delivery payments for new aircraft and major maintenance. The airline is preparing to expand its fleet with 22 new jets, starting with the Airbus A350-1000 set to arrive before year-end.
—Edited by Miguel R. Camus
