BOC Aviation has signed a purchase-and-leaseback agreement with Philippine Airlines (PAL) for two Airbus A350-1000 aircraft, marking the lessor’s first delivery of the widebody type. The aircraft, equipped with Rolls-Royce Trent XWB engines, are slated for delivery beginning December 2025.
“We are delighted to welcome PAL as a new customer,” said Steven Townend, BOC Aviation’s CEO and Managing Director. “This first A350-1000 delivery underscores our commitment to supporting the industry with latest-technology aircraft.”
PAL President Richard Nuttall said the addition of the A350-1000 is a key milestone in the carrier’s fleet-modernisation plans. “This investment aligns with our goal of operating one of the youngest and most fuel-efficient fleets in the region,” he noted, adding that the partnership with BOC Aviation will bolster PAL’s global competitiveness and support the airline’s network expansion.
BOC Aviation to lease two Airbus A350-1000s to Philippine Airlines
