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PAL Holdings Inc
7th Floor Allied Bank Center
6754 Ayala Avenue
Phone: +63 288163451p:+63 288163451 PASAY, 1200  Philippines Ticker: PALPAL
Business Summary
PAL Holdings, Inc. is a Philippines-based holding company. The Company is primarily engaged in air transport of passengers and cargo within the Philippines and between the Philippines and several international destinations. The Company operates through its two major subsidiaries: Philippine Airlines, Inc. (PAL) and Air Philippines Corporation (APC). PAL is the national flag carrier of the Philippines, and its principal activity is to provide air transportation for passengers and cargo within and outside the Philippines. PAL route network covers approximately 64 overseas and domestic destinations. Its fleet consists of aircraft such as the Boeing 777 along with the Airbus A350 and A330 for long-haul routes and the A320/A321 family for regional and domestic routes. APC is primarily engaged in the business of air transportation for the carriage of passengers and cargo within and outside the Philippines. APC is doing business under the name and style of Philippine Airlines or PAL Express.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
4512 Air transportation, scheduled
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer Lucio C.Tan 88 2/18/2020 12/1/1998
Chief Finance Officer Susan T.Lee 51 10/23/2014
Vice President, Director Lucio C.Tan 29 5/26/2021 5/26/2021
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Philippine Airlines, Inc. PNB Financial Center Pasay City Philippines
Air Philippines Corporation Hangar APC Gate 1 Pasay City Metro Manila Philippines

Business Names
Business Name
PAL
PAL Holdings, Inc.
Philippine Airlines, Inc

General Information
Number of Employees: 5,109 (As of 12/31/2023)
Outstanding Shares: 11,610,978,242 (As of 3/20/2024)
Shareholders: 6,463
Stock Exchange: PSE
Fax Number: +63 288163451


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Monday, April 22, 2024