Salem Radio Network News Thursday, July 23, 2026

Business

Philippine Airlines signs for 15 Boeing 787s, with rights for five more

Carbonatix Pre-Player Loader

Audio By Carbonatix

FARNBOROUGH, England, July 20 (Reuters) – Philippine Airlines confirmed 15 firm orders for Boeing 787-10s on Monday, with purchase rights for another five of the widebody jetliners.    

If the airline buys all 20, the deal is worth about $3.4 billion, based on estimated prices after discounts, according to IBA Group, an aviation advisory company.     

The planes will have GE Aerospace GEnx-1 engines, said a source familiar with the order.      Deliveries are slated to begin in 2031. 

(Reporting by Dan CatchpoleEditing by David Goodman)

Previous
Next
The Media Line News
X CLOSE