Defining the News
Manila, Philippines—Philippine carrier Cebu Pacific said Tuesday it will buy up to 152 Airbus planes worth $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 said 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.
The International Air Transport Association said nearly five billion passengers were expected to fly in 2024 and revenues would near $1 trillion.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cebu Pacific says to buy up to 152 Airbus planes worth US$24 billionPhilippine 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.
Read more »
Cebu Pacific to purchase 152 Airbus aircraft for P1.4TLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Cebu Pacific to run Cebu-Palawan flightsLOW-COST carrier Cebu Pacific is adding direct flights to San Vicente, Palawan, from Cebu starting October 24.
Read more »
Cebu Pacific to launch Cebu-San Vicente, Palawan route starting October 24Cebu Pacific is also holding a piso seat sale for the new route until June 26
Read more »
Cebu Pacific launches Cebu-San Vicente flights with P1 seat saleLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Cebu Pacific ready to serve more travelers with its 15th turboprop planeDefining the News
Read more »