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Boeing Statement on Philippine Airlines Selecting Boeing 777-300ERs

Analysis

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.

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