Philippine Airlines Buys New Boeing Jets

Philippine Airlines will buy at least 15 Boeing Dreamliners. They may buy five more. The airline made this announcement.

This is the first time Philippine Airlines has ordered Boeing planes in almost 20 years. The planes will arrive between 2031 and 2034.

The deal could be worth $7.1 billion. One Dreamliner costs around $355 million. But airlines usually pay less after discounts.

Here is a picture of what the new plane will look like.

Philippine Airlines recently raised $300 million from a bond sale. This money will help the airline buy new planes.

The president of PAL Holdings said they believe in the airline's future. They think air travel will keep growing.

The new Boeing 787-10 will help the airline. It will make travel better for customers and make the airline more efficient.

The new planes are part of a plan to make the airline better. The planes will have special engines.

Philippine Airlines has over 80 planes. It flies to many places in the Philippines and around the world.

The airline has been updating its planes since 2024. It made a record profit in 2023 when many people started traveling again.

The owner of the airline, Lucio Tan, has many businesses. He is worth $2.9 billion.

The deal is good news for Boeing. They have also gotten orders from other companies recently.

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