Which is the first Filipino-owned private airline in the Philippines?

The first Filipino-owned private airline in the Philippines is INAEC, which was established in 1932. INAEC stands out as a pioneering airline that contributed significantly to the development of air transportation in the Philippines during its early years. The company was founded by the prominent Filipino industrialist, Dr. Andres Soriano, originally as a domestic air service, paving the way for future local carriers.

Other options, while important in the history of Philippine aviation, do not hold the distinction of being the first Filipino-owned private airline. For example, Philippine Airlines (PAL) is the flag carrier of the Philippines and, although it was established in the same era, it was originally owned by a group of American businessmen before being turned over to Filipino ownership. The other choices, such as SAEP and FEATI, correspond to different airlines or institutions and do not have the historical significance as INAEC in terms of being the first truly Filipino-owned airline. This context highlights the unique role INAEC played in the landscape of aviation in the Philippines.