MANILA, Philippines — Flag carrier Philippine Airlines (PAL) confirmed on Wednesday that it has stabilized its jet fuel inventory, ensuring uninterrupted service for all scheduled domestic and international operations in the coming months.
The announcement comes despite President Ferdinand Marcos Jr.'s declaration of a state of national energy emergency, where he noted that grounding flights was a distinct possibility due Middle East conflict-driven shortages.
"The airline recognizes that global supply conditions remain dynamic. As part of prudent planning, PAL continues to work closely with fuel suppliers, industry partners, and government stakeholders to ensure stable and efficient operations over the longer term," PAL said in a statement.
While PAL acknowledged that fuel prices have more than doubled, the airline said it was working closely with government and industry partners to maintain stable and efficient operations amid dynamic global supply conditions.
Meanwhile, Gokongwei-led Cebu Pacific (CEB) said that it has secured fuel supply up until the end of April, and was working on supply for May and beyond.
"Things are working well for us at a time that we're very financially strong, coming from 2025 which was a record year," CEB said in a statement.
CEB said that 73 percent of its network is domestic, and 72 percent of its jet fleet is Airbus NEOs, which are the new generation, fuel efficient aircraft.
