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Boeing Avation Deliver Philippine Airlines 777-300
Boeing Avation Deliver Philippine Airlines 777-300.
About this update from Avation Plc
[{"type":"text","content":"\n \nRNS Number : 5742Z Avation PLC 17 December 2017 \n\nAVATION PLC\n(\"Avation\" or \"the Company\")\n \nBoeing, Avation PLC Deliver Philippine Airlines' 10th 777-300ER\n \nThe Board of Avation PLC (LSE: AVAP), announces that the Company has acquired and delivered into service a new Boeing 777-300ER commercial passenger aircraft. \n \nThe new Boeing 777-300ER aircraft is on long term lease at typical commercial rates for such aircraft with Philippine Airlines. The Company understands that the 777 is the world's most successful twin-engine, long-haul airplane. The 777-300ER is equipped with the world's most powerful GE90-115B commercial jet engines, and can seat up to 386 passengers in a three-class configuration with a maximum range of 7,825 nautical miles (14,490 kilometers). This represents completion of the transaction announced by AVAP on the 11th of October 2017. The aircraft is the tenth 777-300ER operated by Philippine Airlines.\n \nAvation PLC Executive Chairman Jeff Chatfield said: \"We're pleased our first twin-aisle delivery is a Boeing 777, the marquee airplane in its class. We're confident this airplane will complement our regional and single-aisle fleet and help Avation continue to grow as a full-service commercial aircraft lessor.\"\n \nThe full text of the relevant Boeing announcement is included below.\n \n-ENDS-\n \nBoeing, Avation PLC Deliver Philippine Airlines' 10th 777-300ER\nPhilippine flag carrier puts new airplane directly into revenue service\nMarks first twin-aisle delivery for leasing company\nEVERETT, Wash., Dec. 15, 2017 /PRNewswire/ -- Boeing (NYSE: BA) and leasing company Avation PLC celebrated the delivery of Avation's first Boeing airplane, a 777-300ER (Extended Range), that will be leased and operated by Philippine Airlines.\nThis airplane is the 10th 777-300ER for Philippines' national carrier.\n\"The Boeing aircraft will serve our long-haul operations, a move designed to primarily enhance the total passenger travel experience and in-flight service delivery,\" said Jaime Bautista, PAL president and Chief Operating Officer. \"While we already have eight 777s serving the West Coast, the incoming units will also augment other trans-pacific flights.\" Bautista added that \"the Boeing 777 is our flagship for long-haul operations. With its...