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Cebu Pacific picks Airbus for biggest aircraft order in PH history

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With the P1.4-trillion purchase order, the Gokongwei-owned airline could quadruple the aircraft deployed in its regional hubs across the Philippines by 2035

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The low cost carrier signed a binding memorandum of understanding with the European aerospace giant for the purchase of up to 152 A321neo aircraft for $24 billion, or P1.4 trillion based on list prices. “The order is designed to provide Cebu Pacific with maximum flexibility to adapt fleet growth to market conditions, with the ability to switch between the A321neo and A320neo,” Cebu Pacific chief executive officer Michael Szucs said in a Philippine Stock Exchange disclosure on Tuesday, July 2.

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