Philippine Airlines signs Airbus A350 order
Philippine Airlines ordered 6 Airbus A350-900s worth about US$1.8b at list prices as it seeks to fly non-stop flights to the US. PAL will start taking delivery of the A350s in 2 years, Jamie Bautista, PAL's president, and Fabrice Bregier, Airbus president, said. The airline is taking on more aircraft to cater to increased demand from millions of Filipinos working overseas, just as rival Cebu Pacific expands its local routes. "The market is growing, the economy in the Philippines is improving, so that will allow more Filipinos to afford travel," said Bautista. PAL ordered 6 A350s, with another 6 options. PAL officials said they would consider financing the aircraft through sale and leaseback options and commercial debt. The A350s will not only allow PAL to fly non-stop to US cities, but may also opens the door for direct routes to Europe. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-18/unaligned/philippine-airlines-signs-airbus-a350-order
https://portal.staralliance.com/cms/logo.png
Philippine Airlines signs Airbus A350 order
Philippine Airlines ordered 6 Airbus A350-900s worth about US$1.8b at list prices as it seeks to fly non-stop flights to the US. PAL will start taking delivery of the A350s in 2 years, Jamie Bautista, PAL's president, and Fabrice Bregier, Airbus president, said. The airline is taking on more aircraft to cater to increased demand from millions of Filipinos working overseas, just as rival Cebu Pacific expands its local routes. "The market is growing, the economy in the Philippines is improving, so that will allow more Filipinos to afford travel," said Bautista. PAL ordered 6 A350s, with another 6 options. PAL officials said they would consider financing the aircraft through sale and leaseback options and commercial debt. The A350s will not only allow PAL to fly non-stop to US cities, but may also opens the door for direct routes to Europe. <br/>
