Profile: PAL Holdings, Inc. (PAL.PS)

PAL Holdings, Inc. is a Philippines-based holding company. The Company’s subsidiaries include Philippine Airlines, Inc. (PAL) and PR Holdings, Inc. (PR). PAL is a Philippine national flag carrier and its principal activity is to provide air transportation for passengers and cargo within and outside the Philippines. As of March 31, 2009, PAL’s route network covered 29 points in the Philippines and 31 international destinations. PAL operated 181 departures per week out of Manila and Cebu to nine countries in Asia and Australia. Its SportsPlus Card is a privilege card designed for sports enthusiasts, which grants members the benefit of extra free baggage allowance.