Cebu Pacific (CEB) has ordered 30 new Airbus A321neo and seven A320 aircraft, worth approximately US$3.8 billion at list prices – the largest single aircraft order ever made by a Philippine carrier.
CEB turned into firm orders its existing options for seven Airbus A320 aircraft, and has placed a new order for 30 A321neo aircraft with options for a further 10. The aircraft will be delivered between 2015 and 2021.
The new orders are on top of firm orders for 18 Airbus A320 aircraft to be delivered from the second half of 2011 until 2014. This increases CEB’s total firm orders of Airbus aircraft to 55.
Commenting on the order, CEB’s CEO & President, Lance Gokongwei said; “These 220-seater aircraft will be a real game changer for Cebu Pacific because the A321neo will have a much longer range. We will be able to serve cities in Australia, India and Northern Japan, places the A320 cannot reach.
“The aircraft will reduce our unit cost per seat to a level that cannot be achieved flying A320s. This means that Cebu Pacific will be able to offer even lower fares to our guests and be much more competitive with anyone flying less cost efficient aircraft. This will allow us to create highly skilled, highly paid airline jobs for Filipino pilots, cabin crew and airline staff,” added Gokongwei.
Cebu Pacific currently operates 33 aircraft, 25 of which are from the Airbus A320 family. By 2021, CEB will more than double its fleet and triple its capacity.
John Leahy, Airbus Chief Operating Officer, Customers, said; “With the A321neo, Cebu Pacific will be able to fly more people further at significantly lower cost per seat than any other competing aircraft, and with less impact on the environment.”