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Philippine Airlines Secures A350-1000 PDP Financing

Philippine Airlines has taken a significant step in advancing its widebody fleet renewal strategy by securing a financing facility that covers pre-delivery payments for five Airbus A350-1000 aircraft. The arrangement has been structured with Natixis Corporate & Investment Banking, the global investment banking arm of France’s Groupe BPCE, underscoring continued lender confidence in the flag carrier’s long-term growth and…

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Philippine Airlines Adds A320 Operated by PAL Express

Philippine Airlines has received an Airbus A320 narrowbody jet, identified by manufacturer serial number (MSN) 3652, to be operated by its low-cost regional subsidiary, PAL Express. The aircraft is equipped with CFM International CFM56-5B4/3 engines, known for their reliability and efficiency across short-to-medium-haul operations.

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Avation To Sell B777-300ER Leased To Philippine Airlines

Avation, a Singapore-based aircraft leasing company, has entered into an agreement to sell a Boeing 777-300ER that is currently on lease to Philippine Airlines. The transaction is expected to be completed in the third quarter of 2025, representing a significant divestment from its widebody portfolio.

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PAL Holdings Reports Q1 2025 Profit And Revenue Growth

PAL Holdings, the parent company of Philippine Airlines, reported a net profit of US$77 million for the first quarter of 2025, supported by a 2.5% revenue increase to US$834.2 million. The results underscore the group’s ongoing recovery momentum in the Southeast Asian aviation market.

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Philippine Airlines Expands Fleet With A350-1000s and A321neos

Philippine Airlines (PAL) has unveiled its near- and long-term fleet expansion plans, with the introduction of two additional aircraft in 2025, increasing its total fleet from 79 to 81 aircraft. This incremental growth is a prelude to a much larger fleet enhancement initiative that includes nine Airbus A350-1000s and thirteen A321neo aircraft in the coming years.