THE country’s flag carrier, Philippine Airlines (PAL), is planning to sell its Airbus A340 aircraft and replace it either with Boeing 787s or A350s in 2016 to cut down maintenance costs and boost revenue growth.

“When we operate the Boeing 777, because it has more seats than an A340, these airplanes will fly to the US next year to replace the A340. Right now we have six A340s,” PAL president and chief operating officer Jaime J. Bautista told reporters on the sidelines of the annual stockholders’ meeting of aviation support services provider MacroAsia Corp. on Friday.

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