Pacific East Asia Cargo Airlines
Defunct Philippine cargo airline that operated domestic and regional freighter services.
Last updated August 25, 2026
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Overview
Pacific East Asia Cargo Airlines, Inc. was a Philippine all-cargo airline headquartered in Pasay. Usually identified by the abbreviation PEAC, it was established on October 9, 1990, and received a Philippine certificate of public convenience and necessity on December 20, 1991, authorizing scheduled international cargo operations. The carrier developed a network linking Manila and other Philippine airports with regional cargo destinations in East and Southeast Asia. PEAC's principal operating identity was that of a dedicated freighter airline. Its fleet and leased aircraft included Boeing 727 freighters, an Airbus A300 freighter, a Boeing 737-200 freighter, and BAe 146 aircraft associated with its relationship with TNT Airways. The Boeing 727 became particularly important to the airline's domestic and regional operations. PEAC also offered aircraft for charter work and supported cargo movements between major Philippine islands and nearby international markets. The airline entered into a cargo cooperation agreement with Air Philippines in September 1999. Under that arrangement, selected cargo services were linked to airports served by Air Philippines, extending PEAC's practical reach beyond routes flown solely under its own operating structure. PEAC also had an affiliation with TNT Airways and operated BAe 146 aircraft leased from the express-carrier group. A proposed joint-venture arrangement considered moving the airline's hub from Manila's Ninoy Aquino International Airport to Subic Bay International Airport, although the available reference material does not establish that the relocation was completed. During 2002, PEAC operated freighter services to Hong Kong with an Airbus A300F leased from Turkey's MNG Airlines, to Taipei with a Boeing 727F, and on domestic routes to Cebu and Clark with another Boeing 727 freighter. In June 2006, it resumed a three-times-weekly all-cargo service between Angeles-Clark and Taipei using a Boeing 727-200F. It also maintained a five-times-weekly Cebu–Angeles-Clark freighter service using a Boeing 727-100F. By May 2008, the airline's former network included numerous Philippine destinations, as well as Hong Kong, Taipei, Singapore, Seoul, and Jakarta. From 2007 to 2011, PEAC was reported as the Philippines' fifth-largest cargo carrier, with a 3.17 percent market share and 23.3 million kilograms transported during that period. The company's operating history nevertheless ended amid regulatory difficulties. Its air operator's certificate was suspended on March 19, 2010. Eleven days later, the airline was placed on the European Union list of banned air carriers; the reference material records that the listing remained in effect until June 25, 2015. PEAC ceased operations by the end of 2010. It is therefore best understood as a former Philippine cargo specialist rather than an active passenger airline.
History
Pacific East Asia Cargo Airlines, Inc. was formed in the Philippines on October 9, 1990. Its business plan centered on air freight rather than passenger transportation, reflecting demand for scheduled cargo links between the Philippine archipelago and major commercial centers in Asia. On December 20, 1991, the airline received a certificate of public convenience and necessity allowing it to operate scheduled international all-cargo services. PEAC built its operating model around freighter aircraft and a mixture of owned, leased, and cooperative capacity. Boeing 727 freighters were central to its network, while the airline also used or formerly used an Airbus A300F, a Boeing 737-200F, and BAe 146 aircraft leased from TNT Airways. Its TNT relationship made PEAC an affiliate of the international express-carrier group and created the possibility of a broader express-freight role. The parties also considered transferring PEAC's hub from Manila's Ninoy Aquino International Airport to Subic Bay International Airport, though the available material does not confirm that the proposal was implemented. A major commercial development came on September 1, 1999, when PEAC reached a cargo agreement with Air Philippines. The arrangement covered selected routes and allowed cargo operations to be connected with airports served by Air Philippines. PEAC's relationship with TNT also included BAe 146 leasing; the four aircraft were subsequently returned to Europe at the end of their lease period. In 2002, the carrier operated an Airbus A300F leased from MNG Airlines on freighter flights to Hong Kong. It also flew a Boeing 727F to Taipei and used another 727 freighter on domestic services to Cebu and Clark. These operations illustrate the airline's two-level network: trunk and regional international freight routes supplemented by domestic services connecting the Philippine islands and logistics centers. The network expanded or was restored at various points in the following decade. In June 2006, PEAC resumed three-times-weekly all-cargo service between Angeles-Clark and Taipei with a Boeing 727-200F. This was in addition to a five-times-weekly Cebu–Angeles-Clark operation using a Boeing 727-100F. By May 2008, published former destinations included Manila, Clark, Legazpi, Puerto Princesa, Tuguegarao, Bacolod, Cebu, Dumaguete, Iloilo, Cagayan de Oro, Davao, General Santos, and Zamboanga in the Philippines, together with Taipei, Hong Kong, Singapore, Seoul, and Jakarta. The airline also made its 727 aircraft available for charter services. PEAC retained a measurable position in the Philippine cargo market. For the period from 2007 to 2011, it was described as the country's fifth-largest cargo carrier, with a 3.17 percent market share and 23.3 million kilograms transported. The period overlaps with the airline's later regulatory problems. On March 19, 2010, its air operator's certificate was suspended. On March 30, it was added to the European list of banned air carriers, where the available reference records an end date of June 25, 2015. By the end of 2010, PEAC had stopped operating. The airline is consequently a defunct Philippine cargo carrier, and no reliable reference in the supplied material identifies a successor brand, current owner, or continuing corporate operation.
- 2010
Operating certificate suspended and operations end
[1]The air operator's certificate was suspended in March, the carrier was placed on the European banned-carriers list, and operations ended by year-end.
- 2007
Reported fifth-largest Philippine cargo carrier
[1]For the 2007–2011 period, PEAC was reported as the Philippines' fifth-largest cargo carrier by market share.
- 2006
Taipei service resumes
[1]PEAC resumed three weekly Angeles-Clark–Taipei all-cargo flights with a Boeing 727-200F.
- 2002
Expansion of freighter network
[1]The airline operated A300F service to Hong Kong, 727F service to Taipei, and domestic 727 freighter flights to Cebu and Clark.
- 1999
Air Philippines cargo agreement
[1]PEAC entered a cargo agreement with Air Philippines covering selected cooperative operations.
- 1991
International cargo authority granted
[1]On December 20, PEAC received a certificate of public convenience and necessity for scheduled international all-cargo services.
- 1990
Company formed
[1]Pacific East Asia Cargo Airlines, Inc. was officially formed in the Philippines on October 9, 1990.
Products and positioning
A Philippine specialist cargo carrier focused on domestic island-to-island freight, regional Asian freighter routes, aircraft chartering, and cooperative cargo operations.
Cargo airline operations
Boeing 727 freighter services
PEAC's Boeing 727 freighters formed the core of its domestic and regional network. The aircraft were used on Philippine trunk routes, including Cebu–Angeles-Clark, and on international services such as Angeles-Clark–Taipei. The airline also made 727 aircraft available for charter cargo operations.
Air cargo
Domestic Philippine air freight
The airline connected Manila and a broad range of Philippine airports, including Clark, Cebu, Davao, Iloilo, Bacolod, Puerto Princesa, Zamboanga, and other regional centers. These services supported the movement of freight between Luzon, the Visayas, and Mindanao using dedicated freighter aircraft and cooperative arrangements.
International air cargo
Regional Asian freighter services
PEAC operated or reported services to regional cargo markets including Hong Kong, Taipei, Singapore, Seoul, and Jakarta. Equipment varied by route and period, including Boeing 727 and leased Airbus A300F capacity.
Leased freighter operations
TNT-affiliated BAe 146 operations
Through its affiliation with TNT Airways, PEAC operated BAe 146 aircraft leased from TNT. Four aircraft were associated with this arrangement, and they were returned to Europe when the lease ended.
Brand decisions
2010
Suspension of air operator's certificateOtherBackground
The carrier faced regulatory difficulties during 2010.
Action taken
The Philippine air operator's certificate was suspended on March 19, 2010.
Aftermath
PEAC was subsequently placed on the European banned-carriers list and had ceased operations by the end of the year.
2006
Resumption of Angeles-Clark–Taipei cargo serviceProduct launchBackground
The carrier maintained a Philippine domestic freighter presence and sought to restore regional cargo connectivity.
Action taken
PEAC resumed three-times-weekly all-cargo service between Angeles-Clark and Taipei using a Boeing 727-200F.
Aftermath
The Taipei service operated alongside the airline's five-times-weekly Cebu–Angeles-Clark freighter route.
1999
Cargo cooperation with Air PhilippinesStrategyBackground
PEAC sought to broaden the reach of its cargo business through cooperation with a Philippine domestic airline.
Action taken
The companies established an agreement covering selected cargo routes and airports served by Air Philippines.
Aftermath
The agreement became part of PEAC's combined own-network and partner-supported cargo model.
Recent events
- 2010
PEAC air operator's certificate suspended[1]
Regulation
The airline's air operator's certificate was suspended on March 19, 2010, contributing to the end of its operating activity.
- 2010
PEAC added to European banned-carriers list[1]
Regulation
The carrier was added to the European list of banned air carriers on March 30, 2010. The reference records the restriction as lasting until June 25, 2015.
- 2010
Pacific East Asia Cargo Airlines ceases operations[1]
Other
The airline had ceased operating by the end of 2010 following the suspension of its operating certificate and its European regulatory ban.
- 2010
Antonov An-12 crash initially misattributed to PEAC[1]
Other
An Antonov An-12 crashed while approaching Clark International Airport on April 21, 2010, after an onboard fire. Initial reports identified PEAC as the operator, but the aircraft was actually operated by Interisland Airlines.
- 2006
PEAC resumes Angeles-Clark–Taipei freighter service[1]
Product launch
The airline resumed three weekly all-cargo flights between Angeles-Clark and Taipei using a Boeing 727-200F, alongside its domestic Cebu–Angeles-Clark freighter operation.
- 1999
PEAC enters cargo agreement with Air Philippines[1]
Other
PEAC established a cargo cooperation arrangement with Air Philippines covering selected routes and airports served by the domestic carrier.
- 1991
Pacific East Asia Cargo Airlines receives authority for scheduled international all-cargo services[1]
Regulation
The Philippine carrier was granted a certificate of public convenience and necessity on December 20, authorizing scheduled international all-cargo operations.
Sources1 sources
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