belfasttelegraph

Friday 24 May 2013

Philippine airline in $7bn jet deal

Philippine Airlines (PAL) said that it has signed a $7bn (£4.4bn) deal to buy 54 Airbus jets as part of an ambitious plan to overhaul its fleet to meet higher demands for transporting passengers and cargo in Asia, the Middle East and Australia.

Mr Ang said PAL is planning to buy an additional 46 aircraft from Airbus.

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