Cebu Pacific Welcomes New A321neo, 7th Aircraft Delivery for 2024

Cebu Pacific (PSE: CEB), the Philippines’ leading carrier, received its seventh aircraft delivery
for the year, remaining steadfast in its efforts to strengthen operational resilience while
addressing the ongoing demand for air travel.

The brand-new aircraft, a fuel-efficient A321neo, arrived at the Ninoy Aquino International
Airport (NAIA) in Manila from Airbus’ facility in Hamburg, Germany on June 30.
“This aircraft delivery reaffirms our commitment to providing safe, affordable, and accessible
flights for every Juan. We look forward to carrying more passengers to their chosen destinations
as we continue to expand not only our network, but also our fleet,” said Xander Lao, CEB
President and Chief Commercial Officer.

CEB operates one of the youngest fleets in the world, with its diversified commercial fleet mix of
eight (😎 Airbus 330s, 37 Airbus 320s, 22 Airbus 321s, and 15 ATR turboprop aircraft enabling
the widest network coverage in the Philippines.

Airbus NEOs are the latest-generation aircraft that burn 15 percent less fuel per flight compared
to the previous generation. The reduction in fuel consumption leads to a corresponding
reduction in aircraft carbon emissions.

On July 2, CEB announced that it has signed a binding Memorandum of Understanding (MOU)
with Airbus for the purchase of up to 152 A321neo aircraft for USD $24 billion (PHP 1.4 trillion)
based on list prices, the largest aircraft order in Philippine aviation history.

The purchase agreement to finalize the transaction is expected to be completed in the third
quarter of the year.

CEB currently flies to 35 domestic and 25 international destinations spread across Asia,
Australia, and the Middle East.

APC Reportorial Team

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