Philippine Airlines has made pre-delivery payments for five Airbus A350-1000 aircraft

Philippine Airlines (PR, Manila Ninoy Aquino International) has secured financing from Natixis Corporate & Investment Banking, the global investment banking arm of France's BPCE Group, for the pre-delivery payments of five Airbus A350-1000 aircraft.

Natixis stated that this financing aims to support the airline's capital expenditure needs for its Airbus aircraft assets, as part of its long-haul fleet modernization. However, the specific amount of the financing was not disclosed.

These five Airbus aircraft are part of the nine A350-1000s the company ordered in June 2023. As previously reported by ch-aviation, the airline has already arranged financing for two other aircraft from this order through a sale-and-leaseback transaction with BOC Aviation.

Philippine Airlines officially unveiled its first delivered Airbus A350-1000 on January 17, 2026, although the aircraft had already entered service on December 29, 2025. This 382-seat fleet, powered by Rolls-Royce Trent XWB engines, is planned to be deployed on transpacific routes to the East Coast of the United States and Canada.