Iloilo-Negros Air Express
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| Key people |
Eugenio H. Lopez, Sr. (Founder) Oscar M. Lopez (Chairman) Benjamin R. Lopez (President) |
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| Website | www |
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Iloilo-Negros Air Express Company, Inc., which operated as Iloilo-Negros Air Express or INAEC and later as FEATI, was an airline based in the Philippines. The airline was folded into the operation of Philippine Airlines (PAL) which was re-nationalized by the Philippine government and became the national flag carrier. The company built the Bacolod International Airport in Bacolod City, which was bought by PAL after the acquisition of the airline.
INAEC was resurrected in 1993 as INAEC Aviation Corporation to serve the aviation needs of the Lopez Group of Companies and as a charter airline in 2001.
Founded in 1932 by López family of Iloilo (the family who founded ABS-CBN), it became Asia's first commercial airline based in Iloilo and Manila that served domestic routes to Bacolod, Baguio, Cebu, Davao, Del Monte and Manila. The airline company was converted after World War II to Far Eastern Air Transport Inc. (FEATI). It was the first Filipino airline to go regional and international offering routes to Hong Kong, Bangkok, San Francisco, Shanghai, and India.
In 1993, Lopez Group of Companies, the parent company of ABS-CBN, revived INAEC to support its own air transportation requirements.
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Wikipedia