Philippine Airlines, Inc. (abbreviated as PAL), also known historically as Philippine Air Lines, is the flag carrier and national airline of the Philippines. Headquartered in the Philippine National Bank Financial Center in Pasay City, the airline was founded in 1941 and is the oldest commercial airline in Asia operating under its original name. (Wikipedia).
Year: approx.1950, Gummed. Günter Mair's catalogue no: - PHL-B-2a, rouletted VL, booklets with 5 sheets of 5(1x5), bright red/bright dark blue/white, 4****
Year: approx.1952, Gummed VL. Günter Mair's catalogue no: - PHL-B-2b, imperforated, blocks,
bright orange-red/bright blue/white, 4****
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