Philippine carrier Cebu Pacific said Tuesday it will buy up to 152 Airbus planes worth $24 billion (around P1.4 trillion) in a deal it described as the 'largest aircraft order' in the country's aviation history.
A Cebu Pacific Air passenger plane takes off from the Ninoy Aquino International Airport in Manila on April 3, 2024.MANILA, Philippines — Philippine carrier Cebu Pacific said Tuesday it will buy up to 152 Airbus planes worth US$24 billion in a deal it described as the "largest aircraft order" in the country's aviation history.
The company said it had signed a binding memorandum of understanding with Airbus that covered "firm orders" for up to 102 A321neo aircraft and purchase rights for 50 A320neo.Cebu Pacific added that it would use Pratt & Whitney engines for the planes despite previously reporting problems with the firm's engines that had forced the airline to ground at least 10 planes.
Senator Win Gatchalian accused the National Telecommunications Commission of “sleeping on the job” after thousands of SIM cards were found in raids of POGO hubs in Pasay, Bamban and Porac. The raiding... Conglomerate GT Capital Holdings Inc. has appointed seasoned investment and finance executive George Uy-Tioco Jr. as its new chief financial officer.
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