Pacific East Asia Cargo Airlines

On October 9, 1990, Pacific East Asia Cargo Airlines, Inc. (PEAC) was officially formed and on 20 December 1991 was granted a certificate of public convenience and necessity (CPCN) to operate scheduled international all-cargo services.

On the September 1, 1999, the airline came to a cargo agreement with local airline, Air Philippines. During 2002 the airline operated freighter flights to Hong Kong using A300F type aircraft leased from the Turkish airline, MNG Airlines, freighter flights to Taipei using a Boeing 727F and domestic freighter flights to Cebu and Clark utilizing another B727 freighter.

In the period 2007 to 2011, PEAC was the fifth largest cargo carrier in the Philippines with a market share of 3.17%, transporting 23.3 million kilograms.

But on March 19, 2010, its air operator's certificate was suspended, and eleven days later on March 30, the airline was added to the European list of banned air carriers until June 25, 2015. By the end of 2010, the company ceased operations.

Services

Pacific East Asia Cargo Airlines (PEAC) served domestic and regional destinations around the Philippines and surrounding region with a fleet of 727 freighter aircraft and a variety of leased aircraft. The airline also had an agreement with domestic carrier, Air Philippines, to codeshare selected cargo operations to airports that Air Philippines operates to. During a tie-up with TNT, PEAC leased four Bae 146 aircraft from TNT Airways, at the end of the lease in 1999 the aircraft were returned to Europe. The TNT-PEAC joint-venture also considered re-locating the airline's hub from Manila's Ninoy Aquino International Airport to nearby Olongapo's Subic Bay International Airport.

In June 2006, PEAC resumed its three times weekly Angeles-Clark (Angeles City) – Taipei all-cargo services, utilizing a B727-200F freighter. This was in addition to PEAC's five times weekly service between Cebu and Angeles-Clark utilizing a B727-100 freighter with aircraft registry RPC-5353, operating since 2002.

Former destinations

Pacific East Asia Cargo Airlines (PEAC) served the following Destinations (May 2008). This also included cargo flights with their Air Philippines Agreement. The Airline also offers its 727 aircraft for charter services.

Philippines

Luzon

Accidents and incidents

On 21 April 2010, Flight 7815, an Antonov An-12 with registration UP-AN216, crashed on approach to Clark International Airport, Philippines, after a fire broke out in flight. It was initially reported to be operated by PEAC but was operated actually by Interisland Airlines.