Philippine Airlines Inc (PAL) has maintained its profitability, reporting a net income of US$77 million for the first quarter of 2025. This marks the airline’s 14th consecutive positive quarter since the pandemic.

PAL reported revenue of US$817 million for the quarter, indicating a 1% decline largely due to lower yields and the shifting of the peak Holy Week travel period from March to April.

In terms of passenger numbers, PAL saw a 5% increase, accommodating 4.1 million passengers during this quarter. Additionally, PAL Cargo transported 52.6 million kilograms of cargo over 28,000 flights across both international and domestic routes.

The quarter also saw an operating income of US$75 million. PAL continues to keep capacity steady amidst a multi-year expansion plan. New routes from Manila to Cauayan and Cebu to Catarman were launched, with future routes to Ho Chi Minh and Danang planned for May and July, respectively.

Operating expenses increased by 5% to US$741 million, influenced by higher airport fees and contract costs. The airline’s balance sheet is improving, with long-term obligations reduced to US$1.37 billion and total equity rising to US$862 million.

Stanley K Ng, PAL’s President and COO, expressed, “We are greatly encouraged by the support of our valued customers who choose to fly on Philippine Airlines’ global network.”

PAL has also completed successive IATA Operational Safety Audits, affirming its commitment to the highest international safety standards.