11 September 2014
|Philippine Airlines (PAL) has deferred delivery of its Airbus A330-300 aircraft order from Airbus S.A. |
The affected frame (1553, RP-C8764) was scheduled for delivery on August 28 when the airline announced there will be delay to its acceptance due to change in corporate leadership.
No further information is made available as to the status of other aircraft orders. There are four remaining A330 frames yet to be delivered to the airline after it cancelled the other five in February.
Earlier this week San Miguel Corporation (SMC) agreed to sell back the airline to its previous owner, the Lucio Tan group for more than US $1 billion.
SMC owns 49 per cent of PAL Holdings which in turn controls about 90 per cent of Philippine Airlines and 100 per cent of its low cost subsidiary Air Philippines.