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Cebu Pacific said Tuesday it expects to finalize the $24-billion deal with Airbus to acquire up to 152 A321 new aircraft by the third quarter of 2024.
“This deal is a significant milestone in our ongoing mission to make air travel more accessible and affordable for everyone while supporting the Philippine growth story,” he said. “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,” said Benoît de Saint-Exupéry, executive vice president for sales of commercial aircraft at Airbus.
Pratt & Whitney expressed gratitude for CEB’s continued confidence in the GTF engine, which the airline initially selected in 2012
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