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Founded |
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Commenced operations | February 1, 1933[1] | ||||||
Ceased operations | 1947 | ||||||
Hubs |
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Parent company | Lopez Group | ||||||
Headquarters |
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Key people | Eugenio H. López, Sr. (Founder) Eugenio L. López III (Chairman) Benjamin R. López (President) Aldi Dexter P. Ampong (General Manager) Oscar M. López (Board Adviser) | ||||||
Website | www |
Iloilo-Negros Air Express Aviation Corporation, which operated as INAEC Aviation Corporation or INAEC, is an airline company based in the Philippines. Founded in 1932 by the López family of Iloilo as Iloilo-Negros Air Express Company, Inc. (operated as Iloilo-Negros Air Express or simply INAEC), it was the first commercial airline in the Philippines. It was later renamed Far Eastern Air Transport Inc. (FEATI) and folded into the operations of Philippine Airlines (PAL) which was re-nationalized by the Philippine government and became the national flag carrier. The company built the Old Bacolod Airport in Brgy. Singcang Airport Bacolod City, Negros Occidental 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.