The FINANCIAL -- Philippine Airlines today (February 17, 2016) officially acquires six A350-900 aircraft, with option for another six, with the signing of a purchase agreement with aircraft manufacturer Airbus.
The order for the A350 was signed by PAL President & Chief Operating Officer Jaime J. Bautista and Airbus President & Chief Executive Officer Fabrice Bregier during the ongoing Singapore Airshow, according to PAL.
The A350-900, which will have a three-class configuration (Business Class, Premium Economy and Regular Economy) is capable of flying non-stop from Manila to New York on a full load.
PAL plans to deploy the A350 XWB (extra wide body), which seats more than 300, on new routes to North America and Europe.
“After a thorough commercial and technical evaluation, we decided the A350 will best meet the requirements of our expanding operations,” said Mr. Bautista. “With the A350, we will be able to offer superior passenger comfort with spacious cabin while flying non-stop on long-haul routes.”
“We are pleased to welcome Philippine Airlines as the latest airline to select the all-new A350 XWB,” said Mr. Bregier. “The A350 XWB has set new standards, combining extra long range capability with the lowest operating costs of any aircraft in the larger twin-aisle category. Passengers flying with PAL can look forward to the new levels of comfort offered by the aircraft, with a wider and quieter cabin, and more personal space for all.”
During the Singapore Airshow, PAL also signed a $600-million order with Rolls-Royce for Trent XWB engines to power the six A350.
The Trent XWB is the world’s most efficient engine flying today and the fastest-selling wide body engine with more than 1,500 engines sold to 41 customers.
PAL currently uses Trent 700 engines for its fleet of 15 A330 aircraft.
The A350 is the world’s latest generation airliner, featuring the most modern aero-dynamic design, carbon fiber fuselage and wings. With the Trent XWB engines, the A350 operates at 25 percent less fuel burn and emissions, significantly lowering maintenance costs. The extra-wide cabin provides passengers more personal space in all classes.
The first A350 is scheduled to be delivered in 2018.