PAL orders 7 planes for $235M | Inquirer Business

PAL orders 7 planes for $235M

/ 05:30 PM June 20, 2017

Philippine Airlines president and COO Jaime Bautista at the Boeing factory in Everett, Washington.

Philippine Airlines president and COO Jaime Bautista (FILE PHOTO)

Philippine Airlines will buy seven planes from Canada’s Bombardier as part of an effort to regain its dominance of the growing air travel market, the carrier said Tuesday.

PAL said it sealed the deal for seven Q400 turboprops, worth $235 million at list prices, at the Paris Air Show.


The carrier aims to increase its fleet serving smaller islands in the archipelagic nation.


“We used to be the only carrier in the Philippines. We used to be the dominant domestic player,” a statement quoted PAL president as saying in Paris.

However the rise of budget airlines starting in the late 1990s eroded PAL’s market share. Upstart Cebu Pacific eventually overtook it to become the Philippines’ largest carrier.

“The management of Philippine Airlines believes we should get back the market share we used to own,” Bautista said.

The new 86-seat Q400s and other types of narrow-bodied aircraft would enable PAL to do that, he added.

The acquisition of the seven Q400s would be on top of five Q400 planes worth $168 million which PAL ordered last December but which have not yet been delivered.

PAL, which has a fleet of 81 planes, already operates five Q400s and four smaller Q300 aircraft from Bombardier. These service airports that cannot handle wide-bodied planes.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: aviation, Business, PAL, Paris air show, Philippine Airlines

© Copyright 1997-2024 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.