What is the most famous airline in the Philippines?
Cebu Pacific recently became the largest airline in the Philippines by domestic traffic and capacity, overtaking flag carrier, Philippine Airlines.
Who owns SM now?
Is Philippine Airlines a monopoly?
In January 1974, Philippine Airlines became a monopoly in domestic air travel after President Ferdinand Marcos (by virtue of his powers under Martial Law and due to the fuel crisis arising from a war in the Middle East) ordered the foreclosure of two other airlines – Filipinas Orient Airlines (FOA) and Air Manila Inc.