PAL eyes flights to New Zealand

ABS-CBN News

Posted at Apr 17 2015 07:32 PM | Updated as of Apr 18 2015 03:32 AM

MANILA – Philippine Airlines Inc. (PAL) is planning to expand its operations to New Zealand as part of its efforts to further grow its international network.

The airline said it is considering mounting flights to Auckland, the largest and most populous urban area in New Zealand, within the year.

“Maybe this year. We are still studying...It will actually depend on the numbers,” PAL president Jaime Bautista said.

PAL is also set to launch flights to Jinjiang, China and Port Moresby in Papua New Guinea this year.

Last year, Gokongwei-led Cebu Pacific received approval from the Civil Aeronautics Board (CAB) to fly to New Zealand seven times a week.

In a report to the Philippine Stock Exchange Thursday, PAL's parent company PAL Holdings said its net income for 2014 stood at P129.74 million, a reversal of the P11.85 billion net loss recorded at the end of December 2013 (covering the first 9 months of its fiscal year 2013).

PAL currently has 67 routes comprised of 37 international routes and 30 domestic routes.