News
12 November 2025

UKEF backs Philippine Airlines' advanced engine deal

In:
Transport
Region:
Asia-Pacific

Philippine Airlines has signed a 12-year UKEF-backed loan with Citi to finance one Rolls-Royce Trent XWB-97 engine.The deal, with Citi acting as the sole lead arranger and facility agent, is the first export credit agency-backed financing raised by Philippine Airlines in over 12 years.The engine,...

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