Airbus Wins Philippines Airways Order for $1.85 Billion
Philippines Airlines Incorporated or PAL went on a shopping spree for new jets that are long haul during the Singapore Airshow, by placing an order for 6 Airbus planes in a deal worth $1.85 billion with the maker of planes based in Europe.
The deal covers one option to purchase 6 additional planes of the same, the companies announced on February 17.
Jaime Bautista the President of PAL said the planes would be used for its long-haul, non-stop flights that went from Manila to the U.S., Canada and Europe.
The range capability of A350s is an important factor in the decision the airline made, enabling the company to offer service that is nonstop on all premium routes that are long-haul, said the PAL president.
The new order has a value of $1.85 billion at the list price, although airlines are usually given discounts on purchases by aircraft makers.
The A360- 900 aircraft will have a configuration of three classes – Business, Premium Economy and Economy.
The planes are fully capable of flying from the Philippines to New York non-stop on one full load.
PAL is planning to deploy the extra wide body A350, which has a seating capacity of over 300 on its new routes to Europe and North America.
According to European based Airbus, passengers flying PAL will be able to look forward to a higher bar of comfort offered through the quieter and wider cabins of the A350 with more passenger personal space.
During the current Singapore Airshow, Philippines Airways said it would also sign an order for $600 million with Rolls-Royce for the Trent XWB engine that will power its half dozen A350s.
The Rolls Royce Trent XWB is the most efficient engine in the world flying today as well as the fastest selling engine for wide body planes with over 1,5000 engines already sold to more than 41 customers.
The A350 is the latest generation airline featuring carbon fiber fuselage and wings as well as aero-dynamic design that is the most modern available.