Cebu Pacific Celebrates Agreement for up to 152 A321neo Aircraft Order with Airbus, RTX's Pratt & Whitney
Largest aircraft order in Philippine aviation history
The binding MOU covers firm orders for up to 102 A321neo, plus 50 A320neo family purchase rights. CEB has selected Pratt & Whitney GTF™ engines to power the future aircraft.
"The order is designed to give Cebu Pacific the flexibility to choose between the A321neo and A320neo aircraft as needed, helping us adapt to market changes," said
Airbus said the MOU is a testament to the airline's confidence in its products and a positive signal for the aviation industry's recovery.
"We thank Cebu Pacific for its ongoing confidence in Airbus and its products. These latest generation aircraft will enable the carrier to reduce its operating costs and continue to offer low fares in a competitive market environment. We look forward to continuing to work with the airline as it builds on its position as one of the leading low-cost carriers in the
"This latest order demonstrates the growing opportunities for aviation in
The purchase agreement to finalize this transaction is expected to be completed in the third quarter of the year.
About Cebu Pacific
Cebu Pacific (CEB),
About Airbus
Airbus pioneers sustainable aerospace for a safe and united world. The Company constantly innovates to provide efficient and technologically -advanced solutions in aerospace, defence, and connected services. In commercial aircraft, Airbus designs and manufactures modern and fuel-efficient airliners and associated services. Airbus is also a European leader in space systems, defence and security. In helicopters, Airbus provides efficient civil and military rotorcraft solutions and services worldwide.
About Pratt & Whitney
About
With more than 185,000 global employees,
For questions or to schedule an interview, please contact:
Cebu Pacific cebcorpcommteam@cebupacificair.com
Airbus media@airbus.com
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