CebuPac finalizes
, the listed operator of the country's largest budget carrier, said yesterday in a stock exchange filing that it signed a purchase agreement with Airbus SAS for the order of 15 A320neo family aircraft, which include up to 10 A321XLR. The order for the new aircraft, which is valued at
Airbus chief commercial officer
The deal includes up to 10 of the long-range A321XLR planes launched this year that have proven popular with airlines. The purchase agreement for the order of the 16 A330 long-range aircraft, valued at
Cebu Pacific earlier said the new aircraft ordered during the Paris Air Show are scheduled for delivery between 2021 and 2026. By 2024, the budget carrier expects to have an all-next generation fleet of Airbus jets. Cebu Pacific boasts of one of the youngest fleets in the world, with an average fleet age of five years.
It has accepted delivery of eight brand-new aircraft so far this year consisting of three Airbus A321neo and four A320neo, as well as an ATR 72-600. Cebu Pacific's fleet is comprised of a total of 74 aircraft, including 31 Airbus A320, eight A330, seven ATR 72-500, 13 ATR 72-600, and an ATR Cargo Freighter. The ATR aircraft is used by subsidiary Cebgo to service inter-island flights in
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