Master's Thesis from the year 2023 in the subject Politics - Region: South Asia, grade: GWA 1 of 1 (GPA 4.0), University of Asia and the Pacific, course: Master of Science in Management, language: English, abstract: This paper contains a comprehensive industry analysis of the air transport industry in the Philippines as of 2023. It includes key information about the industry background, demand and supply conditions, macroeconomic impact, competition, regulatory environment, industry performance and industry prospects for the next three years.

According to 2019 updates for the 2009 Philippine Standard Industrial Classification (PSIC), PAL falls under Division 51. Air Transport where it includes the ¿transport of passengers or freight by air or via space. However, it excludes overhaul of aircraft or aircraft engines; support activities, such as the operation of airports; and activities that make use of aircraft, but not for the purpose of transportation, such as crop spraying, aerial advertising, and aerial photography. It also has a class code of 5110 and sub-classes, sub-class codes, and PSIC 1994 codes of: Domestic air passenger transport, 51101, I62101 part; International air passenger transport, 51102, I62102 part; and Non-scheduled air passenger transport, 51103, I62200 part, respectively.

Additionally, the industry also has freight air transport (Class 5120) including: transport freight by air over regular routes and on regular schedules; non-scheduled transport of freight by air; launching of satellites and space vehicles; and space transport. The class also consists of renting air transport equipment with operators for the purpose of freight transportation. Similar to passenger air transport, it also has a class code of 5120 and sub-classes, sub-class codes, and PSIC 1994 codes of: Domestic air-freight transport, 51201, I62101 part; International air passenger transport, 51202, I62102 part; and Non-scheduled air passenger transport, 51203, I62200 part, respectively.