Airlines In The Philippines III

[Arianespace]

JNC03 wrote

When will those new A320ceo arrive?

There are a lot of A320ceo in the wild waiting for its operators since the P&W problem is getting fixed and sorted out by airlines

2027 after delivery of 21n

[JNC03]

Activist investor Oasis Management has acquired a 5.76% stake in PAL Holdings, the operator of the flagship carrier owned by ultra bilyonaryo Lucio Tan, in a series of transactions over the past four months totaling $41.2 million

According to regulatory filings, Oasis views the acquisition as a long-term strategic investment and intends to increase its holdings in PAL. However, the firm said it has no current plans to seek changes in the airline’s board or business operations.

The acquired stakes came from the following entities:

 CIT Group Finance – $16.49 million
Rolls-Royce PLC – $6.5 million
SAF Leasing (AOE 2) Limited – $4.97 million
Falcon 2019-1 Aircraft 1 Limited – $3.94 million
CIT Aerospace International Unlimited – $3.13 million
Avolon Aerospace AOE 95 – $2.58 million
Avolon Aerospace AOE 108 Limited – $1.17 million
Orix Aviation Systems Limited – $844,411
Avolon Aerospace AOE 106 Limited – $804,039
HKAC Leasing 6291 – $740,56

[AB350]

Arianespace wrote

Its not AND between A359 and B789. It is OR. So if PAL takes the 359 back there is no need for the 789. The difference between the two just happens to be $150,000 per month favoring the Boeing. If you buy them both brand new, the difference in prices is whooping $16 million favoring the Boeing. So now you know why they prefer Boeing.

I always assume the A350-900 and B787-9 will complement each other! With the A359 operating Ultra-long haul flights (e,g,. North America like YYZ and JFK), while the B789 operates transpacific and potential Europe with its lower acquisition and maintenance cost. While opening the door for Boeing to be an alternative to Airbus.

[Evodesire]

If PAL gets back those 4 LH A359s, most likely they will go for 787-10 as A330 replacements. Now, if they will refurbish the cabin of those A330s again, then we might see those birds staying in the fleet for 5 more years.

[Solblanc]

Any retrofit implies that the aircraft will stay for another 6 years at least to get ROI out of the improvements made.

That being said, if PAL is supposedly saving up for Boeings, why not place an order? Line is very long.

The A359s were let go in 2022, right? So if they were to return, it wouldn't be until 2028? LH is taking deliveries of new aircraft with Allegris, so maybe they won't need the A359s anymore, especially with demand to the US slowing down and a potential recession. If the aircraft come back, it'll be a nice boost.

[ewh1]

I feel like there’s a higher chance they announce an order this year or next, especially now that there isn’t a question of leadership. Reading between the lines in the recent interviews, they are highly aware of this and will need to make an order soon. While they’re waiting, they will focus on refurbishment of the existing fleet and finally achieve a consistant product

(aligning with the Tan brand and eliminating SMC influence, not necessarily product since new cabins are coming this year)

[Arianespace]

Decoding your list, so that it can easily be understood.

Avolon Aerospace AOE 95 – $2.58 million (A330-300, RP-C8771)
Avolon Aerospace AOE 106 Limited – $804,039 (A321, RP-C9918)
Avolon Aerospace AOE 108 Limited – $1.17 million (A321, RP-C9919)
CIT Aerospace International Unlimited – $3.13 million (A330-300,RP-C8764)
CIT Group Finance – $16.49 million (A350-900, RP-C3504, now operating with LH)
Falcon 2019-1 Aircraft 1 Limited – $3.94 million  (A330-300, RP-C8762, Currently with Thai Air Asia)
HKAC Leasing 6291 – $740,56 (A321, RP-C9912)
Orix Aviation Systems Limited – $844,411 (A321, RP-C9914)
Rolls-Royce PLC – $6.5 million (A330-300 engines)
SAF Leasing (AOE 2) Limited – $4.97 million(A320, RP-C8393)

The bold ones are the most interesting. They are owned by PAL, through Oasis, yet let to other airlines.

[Arianespace]

Solblanc wrote

That being said, if PAL is supposedly saving up for Boeings, why not place an order? Line is very long.

Of course, you are aware of pre-delivery payments, don't you? Order a plane and you pay down payment. Where do they get payments for the arriving 35ks? Particularly if you have limited funds to boot?

Oh, there is a word for that. Funding prioritization. So most of their money is going there while the rest goes to refurb.

[AB350]

 My assumption is the lease actually started in 2021, though I still included 2022 too as another EIS for LH! I wonder if PAL is starting to realize they need those A359 back sooner rather than later (e,g,. 2027~2028), even though leasing them to LH is also a source of revenue for them? I kind hope PAL would acquire at least 1~2 additional A350-900 to support 3501 and 3508 rather than placing all their eggs on the A350-1000!

[Arianespace]

PAL is making money leasing planes. Problem with that arrangement is you cannot use the planes when you need them. Because they are used by other airlines which pays them.

Like what I said 3 years ago, the lease to LH was for the repayments of $80 million to LTP, a subsidiary of LH. In effect, LH is helping PAL pay off its debt.

[AB350]

That explain why PAL only has two A350-900 remaining! I was thinking back in 2022~2023 about the potential for acquiring new/used A359 from the boneyard as an alternative to new airframe? I think having 8 with 1 dedicated for MNL-YVR-MNL would make it viable! But it seem that route needs a B77W at a minimum.

[filipinoavgeek]

https://newsroom.airasia.com/news/2025/5/21/airasia-philippines-hits-3-million-guests-in-1h-2025-records-85-load-factor

AirAsia PH had 3 million passengers and an 85% load factor. Not sure if that's an improvement or will be enough to put them out of the whole they're currently in.

[Evodesire]

I hope when PAL starts getting those A350-1000s, they do not let go of those 777s immediately as they still lack planes to effectively compete with other carriers. I also hope they reconfigure those 777s with a tri-class layout.

Anyway, when are those pre-payments done? During official contract signing or MoU? Hence, even if they schedule the first delivery, lets say, a 787, in 2030, they have to pay immediately like during contract?

And with the directive of a consistent product direction, do we now see the end of those SMC cabins? They have been getting bad reviews. Some call it the worst business class seats.

[Arianespace]

contract signing

[AB350]

I'm hoping PAL will refurbished their Bi-class A330-343 I last flew them a year ago from GES-MNL and they where very tight to sit on in Y! On short 2 hour flight its tolerable. But on a longer flight I imagine it would get uncomfortable quickly!

[JNC03]

Did PAL already started to reconfigure their A321ceo already?

If they what registration?

[Gustavo J Oppenheimer]

https://www.bworldonline.com/corporate/2025/05/27/674908/airasia-group-installs-new-president-at-phl-unit/

Suresh Bangah formally announced as CEO of Z2

[JNC03]

Low-cost carrier Cebu Pacific has overtaken Philippine Airlines (PAL) in passengers flown even for international flights, reaping the gains of its network expansion across Asia.

Based on data from the Civil Aeronautics Board (CAB), Cebu Pacific carried the most number of passengers for domestic and international flights in the first quarter.


https://www.onenews.ph/articles/cebu-pacific-beats-pal-in-international-traffic?

[filipinoavgeek]

https://business.inquirer.net/527625/cebu-pacific-lends-jets-to-saudi-low-cost-carrier

Cebu Pacific will be doing a wet-lease arrangement with Flyadeal.

[Arianespace]

Forget the wet lease. Concentrate more on the news that matters

Talks between the two airlines began earlier this year following a visit by Greenway and a flyadeal delegation to Manila to learn more about Cebu Pacific’s A330-900neo operations. flyadeal, the Middle East’s fastest growing airline, recently announced plans to venture into the long-haul market with an order for 10 A330 widebodies to be deployed between Saudi Arabia and the Philippines, and across southeast Asia from 2027.

Greenway said: “Today’s agreement is momentous as it marks flyadeal’s first ever strategic airline partnership. It was clear and obvious that flyadeal could learn a lot from Cebu Pacific’s experience of low-cost long-haul operations given we will be inducting the same A330-900neos into our fleet in just two years’ time. There are great benefits in sharing technical knowledge, training, and best practice in preparation for our A330 induction and, of course, we are both A320 operators.