PAL spending $2 B for 15 aircraft to expand its fleet

Philippine Airlines is spending US$2 billion for 15 aircraft to expand its total fleet number to around 100 planes, to be one of the youngest fleets in the region, PAL President and COO Jaime J. Bautista told reporters yesterday. Todate, the flag carrier has a total of 88 aircraft but has already retired one aircraft this month, a Q400, and another one next year, both aircraft being 16 to 17 years old.

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