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13/11/2014: BOEING WANTS TO SELL MORE PLANES TO THE PHILIPPINES

PRESS RELEASE
WDC-088-2014
12 November 2014

WASHINGTON, D.C.--With airline passenger traffic in the Philippines expected to grow in the next two decades, American aircraft manufacturing giant Boeing wants Philippine carriers to take a second look at its long-range passenger planes to serve the profitable North American market.

Boeing officials made clear their desire to play a larger role in the Philippine market, which is currently dominated by Airbus Industries, during their briefing for Ambassador Jose L. Cuisia, Jr. who recently visited the company’s Everett Factory near Seattle.

Noting the 6.6 percent projected growth in airline passenger traffic for the Philippines in the next 20 years and the backlog in Airbus aircraft orders, Boeing executives told Ambassador Cuisia they are ready to make aircraft for Philippine carriers available in 2016.

“The demand for aircraft in Southeast Asia over the next 20 years will reach 3,500 units valued at $500 billion,” said John S. Schubert, Managing Director for Marketing for Asia Pacific and India. “However, in the Philippines, out of the 141 commercial aircraft currently being used, only six are Boeings, “a dismal 4 percent market share.”

The six Boeing aircraft in service are the 777-300ERs that Philippine Airlines currently uses for its long-haul flights to North America, which is considered the flag carrier’s largest and most profitable market with a population of more than 4 million Filipinos.

Dave Kell, Director of Product Marketing, Boeing Commercial Airplanes, said the 777 remains one of the most in-demand aircraft today, with 1,805 firm orders from 69 customers. He said it is likewise the most preferred, most reliable and most valued aircraft in the market.

“The 777 is the most suitable aircraft for long range North American routes such as those of Philippine Airlines,” Kell said.

During their briefing for Ambassador Cuisia, Boeing executives also informed him of company’s assistance to the Philippines, including $750,000 from both the Boeing Company and Boeing Employees for relief efforts for victims of Typhoon Yolanda as well as a cooperative effort between World Vision, Philippine Airlines, and Boeing to airlift relief supplies during a 777-300ER delivery flight last year.###

PHOTO RELEASE
WDC-114-2014
12 November 2014

A Philippine Airlines Boeing 777-300ER

PHOTO RELEASE
WDC-115-2014
12 November 2014

Typhoon relief supplies being loaded to a Philippines Airlines Boeing 777-300ER.