Low Cost Carrier Also Exercises Options For Seven More A320s

Cebu Pacific of the Philippines has signed a Memorandum of Understanding (MOU) with Airbus for the purchase of 30 A321neo aircraft. The carrier has also exercised existing options for seven more standard A320s, increasing to 41 its total firm orders for the Airbus single aisle product line. The aircraft will join an existing fleet of A319s and A320s flying on the carrier's fast growing domestic and regional network.

"The A320 Family has played a key role in enabling us to build an efficient, profitable, value-based business," said Lance Gokongwei, Cebu Pacific President and CEO. "The addition of more A320s and the A321neo allows us to expand further in the Asia-Pacific region, and continue offering our trademark low fares."

"We are pleased that Cebu Pacific has reaffirmed its commitment to the A320 Family and is also now set to add the A321neo to its fleet," said John Leahy, Chief Operating Officer, Customers, Airbus. "With the A321neo Cebu Pacific will be able to fly more people further at significantly lower cost per seat than any other competing aircraft, and with less impact on the environment."

FMI: www.airbus.com