PAL Holdings, Inc. (PSE: PAL), the parent company of Philippine Airlines, announced on July 22, 2026 that its subsidiary has placed an order for Rolls-Royce Trent XWB-97 engines. These engines will power additional Airbus A350-1000 aircraft that the airline is adding to its fleet.
What Does This Mean?
Think of an airplane like a really big toy car – it needs an engine to make it move. Philippine Airlines is buying new, powerful engines made by a company called Rolls-Royce (not the car maker, but a different company that makes airplane engines). These engines are called “Trent XWB-97” and they’re specially designed for a type of airplane called the Airbus A350-1000.
About the A350-1000
The A350-1000 is one of the newest and most modern passenger airplanes available today. It’s a very large plane that can fly long distances, perfect for international flights. By ordering more engines for these aircraft, it means Philippine Airlines is planning to get more of these airplanes to serve its passengers.
About PAL Holdings
PAL Holdings, Inc. is listed on the Philippine Stock Exchange under the ticker symbol “PAL.” The company is the parent organization of Philippine Airlines, the country’s flag carrier and oldest commercial airline. The holding company is registered with the SEC under number PW-94 and has its main office at the Lucio K. Tan Jr. Center, PAL Gate 5, Andrews Avenue in Pasay City.
As of this announcement, PAL Holdings has 26,852,106,890 common shares outstanding.
The disclosure was filed by Ma. Cecilia L. Pesayco, Corporate Secretary of PAL Holdings, in compliance with Philippine securities regulations.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
