Airbus and Cebu Pacific Seal Deal for 70 A321neo Jets in Manila Event
By:
Pilotcenter.net
Airbus and Cebu Pacific recently finalized a significant deal for the purchase of 70 A321neo jets, solidifying their commitment to operational efficiency and sustainability in air travel. The agreement was formalized at a special ceremony held in Manila, the vibrant capital of the Philippines.
The CEO of Cebu Pacific, Mike Szücs, and Benoît de Saint-Exupéry, EVP Sales of Airbus's Commercial Aircraft business, signed the purchase agreement on October 2, 2024. This deal adds to Cebu Pacific's existing fleet, which currently includes 61 A320 family aircraft for its regional flights and nine A330 widebodies for high-density routes in the region.
Under this agreement, Cebu Pacific has acquired 102 A321neos with additional purchase rights for 50 A320neo family aircraft. Notably, the firm order specifies a minimum commitment to 70 A321neo aircraft. This recent purchase builds on the Memorandum of Understanding (MoU) announced by Cebu Pacific, Airbus, and Pratt & Whitney at the Farnborough International Airshow in July 2024 for up to 152 A320neo family aircraft.
Mike Szücs highlighted the importance of this milestone, emphasizing the airline's dedication to enhancing air travel accessibility and affordability while supporting the Philippines' economic growth and connectivity objectives. "The selection of Airbus A321neo underscores our focus on operational efficiency, sustainability, and innovation, ensuring that we continue to deliver the highest standards of service while significantly reducing our carbon footprint," Szücs noted.
Expressing gratitude for Cebu Pacific's continued trust, Benoît de Saint-Exupéry recognized the A320 Family's pivotal role in supporting the airline's growth. "The A321neo is highly regarded for its unparalleled economics, performance, and fuel efficiency," he stated. With this latest order, Cebu Pacific's backlog with Airbus now includes 94 A320neo family aircraft and seven A330neo planes.
The addition of these A321neo aircraft is poised to propel Cebu Pacific into the next phase of expansion as one of Asia-Pacific's leading low-cost carriers. Their commitment to embracing innovative aircraft technologies is a testament to their goal of providing top-notch service while minimizing environmental impact. Stay tuned to Pilotcenter.net News for more aviation insights and updates!