PAL goes for Boeing 777 series for long haul routes
Philippine airlines is going for fuel economy and range with the lease purchase of the new series of Boeing’s 777 series something the American aircraft maker is seeing as a important purchase even if it is only for 6 aircraft.
The 777 series is best known for its use by the worlds carriers on long haul non-stop routes and is facing increasing competition from the Airbus A350.
However the 777 is best known for range and economy capable of carrying 360 passengers 14,000 KM on single fuel load and on two engines. making it less expensive than the almost same sized but four engined A340-300.
The lease purchase is the most common option for carriers today – adding for built in upgrades and service options – since most airlines rarely own their own planes anymore but move purchases through leasing and insurance company combinations.
The Boeing press relese is below:
 … ‘ Seattle (BOEING) – The Boeing Company [NYSE: BA] is very pleased that Philippine Airlines has selected the 777-300ER for addition to its fleet. Boeing is working with Philippine Airlines to complete final business arrangements that would result in an order for two Boeing 777-300ER (Extended Range) commercial airplanes and the right to purchase two additional 777-300ERs in the future. The airline currently operates five Boeing 747-400s and four Boeing 737-300/-400s.
PAL, the Philippines’ air transport flag carrier, has a 65-year history and has been operating in Asia longer than any other airline. It has a modern fleet of aircraft and a route network that spans 32 foreign cities and 20 domestic destinations.
The fuel-efficient 777-300ER is the world’s largest long-range twin-engine jetliner and is capable of carrying approximately 368 passengers in Philippine Airlines’ two-class configuration, flying up to 7,880 nautical miles (14,594 kilometers). …” 
There are reports and rumors floating about part of the reason has been Airbus industry’s backlog of delivery of new airframes making the Boeing’s more time delivery capable.
A seattle based source says however a another philippine carrier is planning to look at a purchase lease of wide body 767, 747-400 and 747-200 series aircraft for domestic use.
The Jumbo is used a lot by some carriers on high volume short haul routes because nothing – untill the the A380 comes on line- can carry as much between points like Manila – Cebu, Manila – GenSan, Manila -Davao routes. While fuel consumption is higher – the 747-200 series can do seven flights on single fuel load meaning 14 round trips on single gas up – or so a source says – something a lot of carriers are looking at and also increasing volume means lower ticket prices and cargo rates.
At nearly 35 tons of cargo per flight that would increase the load levels at some doemstic destinations and allow for larger volume of cargo and people between key airports in the south and Manila or Clark. As they say Abangan…