Flying-Tiger From Germany, joined Aug 1999, 4160 posts, RR: 36 Posted (1 year 9 months 3 weeks 6 days 4 hours ago) and read 4943 times:
As far as I understand this press article, Philippe Airlines has exerciced options on 10 "Airbus widebodies", which I would assume are additional A330s.
Quote: Philippine Airlines (PAL.PS) has agreed to buy another $2.5 billion worth of Airbus jets from European Aeronautic Defence and Space Company NV (EAD.PA), its president said on Friday, part of the fast-growing carrier's attempt to reclaim dominance of its local market.
The new deal involves the purchase of 10 wide-bodied jets with a list price of $250 million each, Ramon Ang told reporters, on top of the airline's $7 billion Airbus deal with announced in August.
"We are starting to replace our jets with wide-bodied planes because that is what the market wants," Ang told reporters on the sidelines of parent company PAL Holdings Inc's stockholders' meeting.
PAL still wants to buy 35 more planes, either from Airbus or Boeing Co (BA.N), Ang said, in line with its plan to add 100 new jets to its fleet in the next five to seven years as it reshapes its business to take on main rival Cebu Air Inc (CEB.PS).
"Our refleeting program right now is close to $10 billion," Ang said. "We exercised our option to buy 10-wide bodied jets (from Airbus) two weeks ago", he said, referring to the new purchases.
Akiestar From Philippines, joined May 2009, 781 posts, RR: 0
Reply 10, posted (1 year 9 months 3 weeks 2 days 4 hours ago) and read 2715 times:
Quoting Asiaflyer (Reply 9): Not if PR orders more NBs. First batch included 44 A321s. Not unlikely that PR will order more A320 family aircrafts later.
While I don't doubt PR making more narrow-body orders, I don't think it will give the entire tranche to Airbus per se. A330s in the PR fleet are used for medium-haul routes. It still needs a replacement for its aging 744s, and it will also need more long-haul aircraft if it intends to pursue its ambitious plans of restarting Europe, increasing service to North America and, apparently, opening service to Brazil. Hence why I think there's still a bit of hope that Boeing won't lose out on PR's buying spree.
scbriml From United Kingdom, joined Jul 2003, 12358 posts, RR: 47
Reply 11, posted (1 year 9 months 3 weeks 2 days ago) and read 2494 times:
Quoting Akiestar (Reply 8): That conflicts with an earlier statement saying that PR was aiming for 100 new planes.
They said "up to" 100 over the next five to seven years.
Quoting Akiestar (Reply 10): It still needs a replacement for its aging 744s, and it will also need more long-haul aircraft if it intends to pursue its ambitious plans of restarting Europe, increasing service to North America and, apparently, opening service to Brazil.
I can certainly see them needing more 777s. Having just ordered 20 A330s, I can't see them needing to order 787s soon.
Time flies like an arrow, but fruit flies like a banana!