PAL Holdings is in turn part of a group of companies owned by business tycoon Lucio Tan. ANA Holdings, the holding company of All Nippon Airways, has a 9.5% stake in PAL Holdings.[15] PAL is the ninth-largest corporation in the Philippines in terms of gross revenue, as stated in the Philippines' Top 1000 Largest Corporations of 2017.[16] As of December 2018, PAL employs a total of 6,689 employees, which includes 999 pilots and 2,647 cabin crew.[17] PAL is the sixty-first largest airline in the world in terms of revenue passenger kilometers flown, with over 16 million flown for 21 million available seat kilometers, an average load factor of 76 percent.[18] PAL has flown approx.