Philippine Airlines emerged from its voluntary Chapter 11 proceedings, completing its financial restructuring within four months. Philippine Airlines’ plan of reorganization provides for more than $2 billion in permanent balance sheet reductions from existing creditors. read more

JAN 3, 2022 - 6:45 am

GECAS, together with Novus Aviation Capital, entered a debt financing agreement with Philippine Airlines. PK AirFinance and Novus’ Tamweel Aviation Finance will provide senior and mezzanine debt financing. read more

JUN 28, 2018 - 6:52 am

Boeing and leasing company Avation delivered Avation's first Boeing airplane, a 777-300ER, which will be leased and operated by Philippine Airlines. read more

DEC 18, 2017 - 7:19 am

Intrepid Aviation financed one new Boeing B777-300ER underwritten and arranged by Nord LB. The aircraft delivered December 11 on long-term lease to Philippine Airlines. read more

DEC 14, 2017 - 6:39 am

Intrepid Aviation closed an agreement with Philippine Airlines for the long-term lease of two new B777-300ER aircraft, as a result placing the remaining two B777’s under its 2014 purchase agreement with Boeing. read more

MAR 21, 2017 - 6:28 am

Intrepid Aviation confirmed the acquisition of a new B777-300ER aircraft from Boeing in Seattle and its delivery on long-term lease to Manila-based Philippine Airlines. read more

DEC 13, 2016 - 5:07 am

Flag carrier Philippine Airlines is borrowing $38 million from a bank group led by Cathay United as lead arranger and bookrunner of a syndicated term loan. read more

AUG 29, 2016 - 7:22 am

GE Capital Aviation Services Limited announced the completion of a sale/leaseback transaction with Philippine Airlines involving two new Airbus A321. read more

SEP 23, 2014 - 11:11 am