PAL Holdings Inc 2024 IR
The report details PAL Holdings, Inc.'s financial and sustainability performance for the fiscal year 2024. The company achieved a solid net income of PHP 8.12 billion with a 5% net margin, outperforming the global airline industry average. Operationally, the airline carried 15.6 million passengers, representing a 6% increase, and improved its on-time performance to rank 7th in the Asia-Pacific region. On the environmental front, the company advanced its Net Zero by 2050 commitment by adopting fuel-saving technologies like SkyBreathe OnBoard, which saved 252 tonnes of CO2e since its implementation in June 2024. Additionally, the company prioritized local sourcing, spending 72% of its non-fuel procurement budget on local suppliers.
Company: PAL Holdings Inc
Sector: Industrials
Country: Philippines
Year: 2024
Type: IR
Pages: 78
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PAL Holdings Inc
Annual And Sustainability Report
The report details PAL Holdings, Inc.'s financial and sustainability performance for the fiscal year 2024. The company achieved a solid net income of PHP 8.12 billion with a 5% net margin, outperforming the global airline industry average. Operationally, the airline carried 15.6 million passengers, representing a 6% increase, and improved its on-time performance to rank 7th in the Asia-Pacific region. On the environmental front, the company advanced its Net Zero by 2050 commitment by adopting fuel-saving technologies like SkyBreathe OnBoard, which saved 252 tonnes of CO2e since its implementation in June 2024. Additionally, the company prioritized local sourcing, spending 72% of its non-fuel procurement budget on local suppliers.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Women in Management
Workplace Fatalities
Net Zero Target
Employees