The Philippine airline Cebu Pacific Air announced Monday it has placed an order for 16 Airbus A330neo for $ 4.8 billion to increase its transport capacity through larger and more fuel-efficient aircraft.
Cebu Pacific Air, commonly referred to as Cebu Pacific, said the new aircraft, which are expected to be delivered between 2021 and 2024, are aimed at reducing costs per seat and maximizing the time slots it already has.
The low-cost airline intends to use these new aircraft on its domestic routes but also for its long-haul flights to Australia and the Middle East where millions of Filipinos work.
Eventually, they are intended to replace the A330ceos that currently owns the Philippine company.
“The A330neo is an integral part of our fleet modernization program,” Lance Gokongwei, President and CEO of Cebu Pacific Air, said in a statement.
“With this purchase we aim to reduce our emissions (CO2) and develop a more sustainable business,” he added.
A fleet of 74 aircraft
The Philippine carrier has a fleet of 74 aircraft, including a large percentage of Airbus. This year, eight new aircraft have been delivered, most of them Airbus.
The airline serves 37 domestic routes and 26 international destinations.
She claims to have “one of the most recent fleets in the world”, with an average age of five years.
The order comes as the low-cost airline has transported more than 20 million passengers in 2018, up 3% from the previous year.