FLAG CARRIER Philippine Airlines (PAL) is set to resume its Manila-Saipan service by March as part of its efforts to expand connectivity across the Pacific IslandsFLAG CARRIER Philippine Airlines (PAL) is set to resume its Manila-Saipan service by March as part of its efforts to expand connectivity across the Pacific Islands

PAL to resume Manila-Saipan flights by March

2025/12/12 00:03

FLAG CARRIER Philippine Airlines (PAL) is set to resume its Manila-Saipan service by March as part of its efforts to expand connectivity across the Pacific Islands.

“PAL is dedicated to expanding its global presence to meet the evolving needs of the market, across both passenger and cargo segments, while remaining steadfast in our commitment to delivering service excellence,” PAL President Richard Nuttall said in a media release on Thursday.

The flag carrier will operate the route twice weekly, with departures from Manila every Wednesday and Sunday and return flights on Mondays and Thursdays.

Saipan, a US territory, will mark PAL’s seventh destination in the United States, alongside Los Angeles, San Francisco, New York, Seattle, Guam, and Honolulu.

The Manila-Saipan route will complement PAL’s existing Pacific network, which currently includes flights to Guam, Honolulu, and services to Palau via Cebu. PAL first launched seasonal Manila-Saipan flights in 2016.

The airline is also scheduled to receive its Airbus A350-1000 by December or January.

The aircraft will be deployed on flights to New York as PAL continues to modernize its fleet and expand its US network.

Older aircraft are being refurbished under the carrier’s fleet modernization plan.

Financially, PAL Holdings, Inc., the operator of PAL, reported a 33.58% increase in attributable net income to P9.03 billion from P6.76 billion a year ago, supported by higher passenger revenues of P116.56 billion, up from P115.66 billion.

Cargo and ancillary revenues contributed P6.71 billion and P12.67 billion, respectively.

Total revenues for the nine-month period rose 2.68% to P136.01 billion from P132.45 billion, while gross expenses increased 3.96% to P124.85 billion from P120.09 billion.

At the Philippine Stock Exchange on Thursday, shares in PAL Holdings closed unchanged at P3.80 apiece. — Ashley Erika O. Jose

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56