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Monday, December 2, 2024

CebuPac sells 4 planes

The operator of Cebu Pacific said Thursday it signed a deal to sell four Airbus A319 aircraft to an American budget airline.

Cebu Air Inc. said the delivery of the four aircraft to Allegiant Travel Company was scheduled from 2017 to 2018. Allegiant is the parent company of Las Vegas-based low-cost airline Allegiant Air. 

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Cebu Pacific president and chief executive Lance Gokongwei said the agreement was line with the airline’s efforts to expand its operations both in the Philippines and abroad.

“We remain invested in upgrading our fleet with fuel efficient, versatile aircraft. Between 2016 and 2021, we are anticipating the delivery of 30 Airbus A321neos, for long-range capability, and 16 ATR 72-600 turboprop planes, for better inter-island connectivity,” Gokongwei said.

Cebu Pacific  currently operates one of the youngest fleets in the world, with an average age of 4.82 years. Its 57-strong fleet is comprised of 7 Airbus A319, 36 Airbus A320, 6 Airbus A330 and 8 ATR 72-500 aircraft.

Cebu Pacific said it was set to take delivery of 30 brand-new Airbus A321neo aircraft, the largest model in the A320neo series. 

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