Philippine Airlines signs for 15 Boeing 787s, with rights for five more

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FARNBOROUGH, England, July 20 (Reuters) – Philippine Airlines confirmed 15 firm orders for Boeing 787-10s on Monday, with purchase rights for another five of the widebody jetliners.

If the airline buys all 20, the deal is worth about $3.4 billion, based on estimated prices after discounts, according to IBA Group, an aviation advisory company.

The planes will have GE Aerospace GEnx-1 engines, said a source familiar with the order. Deliveries are slated to begin in 2031.

(Reporting by Dan CatchpoleEditing by David Goodman)

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