Philippine Airlines to postpone deliveries, cancel Airbus orders By Reuters


© Reuters.
MANILA (Reuters) – Philippine Airlines will delay the delivery or cancel orders for 13 narrow-body Airbus aircraft as it pursues a corporate rehabilitation programme, an executive said on Monday.
The flag carrier has negotiated with Airbus for the postponement of the delivery, with an option to cancel some aircraft orders beyond 2026 to 2030, Nilo Thaddeus Rodriguez, the company’s chief financial officer, told a news conference.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.