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Philippine Airlines places US$7 billion order for Airbus aircraft
Update: 12:34, Tuesday, Aug 28,2012 (GMT+7)
Philippine Airlines has placed a firm order with Airbus covering 34 A321ceo, 10 A321neo and 10 A330-300s. The aircraft are being purchased under a major fleet modernization programme at the airline, with deliveries starting in 2013.


The single aisle A321 aircraft are being purchased to enhance the airline’s product offerings on domestic and regional routes, as well as to support alliances with its partner airlines. The wide-body A330s will be operated on higher demand regional routes and longer range services to the Middle East and Australia. Philippine Airlines will announce engine selections for all the aircraft at a later date.
 
“The orders we are placing with Airbus will play a key role in revitalizing Philippine Airlines and growing trade and tourism in the country," said Chairman Lucio Tan.


The Philippine national carrier began operations in 1941 and is considered one of the oldest airlines in Asia. In the last three months of last year, the company suffers from a total loss of $ 33.5 million and complaints from its passengers about the state of its old aircraft and poor service.

Philippine Airlines Airbus A330-200

Up to 6,000 jobs have been secured at Airbus's factory in Cheshire following the major order of 54 planes worth £4.5 billion (US$7 billion) from Philippine Airlines.

Airbus has recorded more than 1,200 orders for the various versions of the plane, with around 900 now flying with 90 operators throughout the world.

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