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Founded |
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Ceased operations | ?2001* | ||||||
Hubs |
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Fleet size | Revived sometime in 2011 | ||||||
Headquarters | |||||||
Key people |
Eugenio H. Lopez, Sr. (Founder) Oscar M. Lopez (Chairman) Benjamin R. Lopez (President) |
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Website | www |
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.
The INAEC name was resurrected in 2001 by the Lopez group of the Philippines to operate as a charter airline run by INAEC Aviation Corporation.
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 their air transportation services needs.