SUMMARY
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In the scramble for a share of the large number of long-haul aircraft orders by local legacy carrier Philippine Airlines (PAL), Boeing wins the latest round. PAL announced that it plans to acquire up to 20 additional Boeing 777X aircraft as part of its major refleeting program that involves acquiring about 100 new planes. In August 2012, Airbus bagged the previous US$7 billion order for 54 aircraft. Both aircraft makers are locked in a global contest for market share, with top-level officials and diplomats giving support during trips to the Philippines.
Read more on Rappler.
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