Airbus wins $1.85 billion order from Philippine Airlines | Inquirer Business

Airbus wins $1.85 billion order from Philippine Airlines

/ 03:47 PM February 17, 2016

An Airbus A350 XWB sits on the ramp at the Singapore Airshow 2016 on Feb 17, 2016. PAL announced today that it had ordered six of these long-range aircraft to allow it to fly the Manila-New York non-stop, along with new European routes it plans to launch. DAXIM LUCAS

An Airbus A350 XWB sits on the ramp at the Singapore Airshow 2016 on Feb 17, 2016. PAL announced today that it had ordered six of these long-range aircraft to allow it to fly the Manila-New York non-stop, along with new European routes it plans to launch. DAXIM LUCAS

SINGAPORE—European plane-maker Airbus said on Wednesday it had won a $1.85 billion deal for the purchase of six A350-900s by Philippine Airlines (PAL).

PAL also has the option to purchase an additional six of the aircraft, the two companies announced at the Singapore Airshow.

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Philippine Airlines president Jaime Bautista said the planes would be used for PAL’s nonstop, long-haul flights from Manila to the United States, Canada and Europe.

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“The A350s range capability has been an important factor in our decision, enabling us to offer nonstop service on all our premium long-haul routes,” Bautista said.

The order is worth $1.85 billion at list prices, although airlines usually get discounts on their purchases.

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TAGS: Airbus, Asia, aviation, Philippine Airlines, Philippines, Singapore

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