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Asian destinations of PAL Express (excluding that of Philippine Airlines); airplane icons: PAL Express hubs, red: all-year round, black: terminated destinations, yellow: future destinations, pink: seasonal service, turquoise: charter
The airline was founded on February 26, 1941 as Philippine Air Lines when its franchise to operate was transferred from Philippine Aerial Taxi Company (PATCO). [ 3 ] Formerly one of the largest airlines in Asia, PAL was severely affected by the 1997 Asian financial crisis .
In the airline industry, available seats are commonly referred to as inventory. The inventory of an airline is generally classified into service classes (e.g. economy, premium economy, business or first class) and any number of fare classes, to which different prices and booking conditions may apply.
Air Philippines Corporation, operating as PAL Express and formerly branded as Air Philippines and Airphil Express, is a wholly-owned subsidiary airline of Philippine Airlines. [ 3 ] [ 4 ] It is PAL's regional brand, with services from its hubs in Manila , Clark , Cebu , and Davao .
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There are two main domestic airline groups doing business as Philippine Airlines and Cebu Pacific, with AirAsia Philippines competing on some international routes. The domestic market is dominated by the Cebu Pacific group which has a 53% market share, followed by the Philippine Airlines group which has 31%, followed by AirAsia , having a 16% ...
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