Philippine Airlines Orders Up To 34 Jets
Philippine Airlines announced orders for up to 34 new aircraft, including 20 Boeing 787-10 Dreamliners and 14 Airbus A350-1000 jets, to modernize its fleet. The deals, signed at the Farnborough Airshow, specify delivery from 2031 to 2036 and aim to enhance long-haul capacity and efficiency. The airline, owned by Lucio Tan, is funding these investments with proceeds from its recent bond issuance following its exit from U.S. bankruptcy.
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