PAL delivers $60M second quarter profit, up 48%

REFLEETING Richard Nuttal, PAL president and Carlos Luis Fernandez, chief operating officer, pose with the first PAL A350-1000 aircraft being assembled at the Airbus production site in Toulouse  (Photo by Doris Dumlao-Abadilla)

MANILA, Philippines – Flag carrier Philippine Airlines (PAL) grew its net income by 48 percent to $60 million in the second quarter as rising passenger volume sustained profitable operations for the 15th consecutive quarter.

This brought net profit to $137 million for the first half of 2025, up 12 percent from last year, while six-month operating income amounted to $146 million.

Revenues for the second quarter alone reached $831 million, up 6 percent from the same period last year. Operating income rose by 10 percent to $71 million.

“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 PAL president Richard Nuttall.

Momentum

“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,” Nuttall added.

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PAL carried 4.4 million passengers in the second quarter, rising 9 percent from last year, although revenue growth was tempered by softening international yields. /dda

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