Philippine Airlines has agreed to lease two new De Havilland Canada Dash 8-400s from TrueNoord.
One of the turboprops has already been delivered, says the regional aircraft lessor, and the other will join the airline’s fleet in February.
The two aircraft, registered as MSN4610 and MSN4612, are the first Dash 8s to enter TrueNoord’s portfolio. They were financed through a $360 million warehouse facility announced by the lessor in October, underwritten by Citibank, Societe Generale and Royal Bank of Canada.
Philippine Airlines will base the two aircraft at Clark International airport and deploy them on domestic routes.
