CEBU Pacific (CEB) on Friday said it had taken delivery — the last for 2024 — of an Airbus A321neo, bringing the total for the year to 17 brand-new aircraft.
The milestone was said to underscore a year of significant growth that was marked by enhanced oper-ational capacity and robust network expansion.
The 236-seater aircraft, which touched down in Manila on Dec. 24, brought the budget carrier’s com-mercial fleet to 91 aircraft.
“The arrival of this new aircraft reinforces our readiness to meet the rising travel demand and our commitment to enhancing connectivity for our passengers in 2025 and beyond,” CEB President and Chief Commercial Officer Xander Lao said.
Airbus NEOs are latest-generation aircraft that burn 15 percent less fuel per flight and produce less noise compared to the previous generation. The reduction in fuel consumption in turn leads to a cor-responding reduction in aircraft carbon emissions.
Last Oct. 2, Cebu Pacific signed a landmark purchase agreement with Airbus and Pratt & Whitney of the RTX Group, for up to 152 A321neo aircraft equipped with Pratt & Whitney GTF engines.
The acquisition, valued at approximately $24 billion (about P1.4 trillion) based on list prices, is the larg-est so far in Philippine aviation history.
The low-cost carrier has said that it would target increasing capacity by 24 to 26 percent in 2025. It not-ed that with the growth of airport infrastructure in the country, it was also planning to expand its reach.
Cebu Pacific operates one of the youngest fleets in the world comprising 10 A330s, 40 A320s, 26 A321s and 15 ATR turboprop aircraft.
Cebu Air Inc. the operator of Cebu Pacific, saw its share price on Friday go up by P0.20, or 0.71 percent, to P28.25 amid a 0.16-percent dip for the benchmark Philippine Stock Exchange index.
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