Skip to main content
New Year’s Sale — Build a balanced news diet with 40% off Vantage
Published loading...Updated

Cebu Pacific signs deal to acquire 152 aircraft

Summary by ABS-CBN
The deal -- considered the biggest in Philippine aviation history -- is for up to 152 aircraft valued at $24 billion or ₱1.4 trillion.

10 Articles

Philippine airline Cebu Pacific has placed a firm order for 70 A321neo aircraft from Airbus, finalizing a memorandum of understanding announced by the airline in July. “The selection of the Airbus A321neo highlights the importance we place on operational efficiency, sustainability and innovation, ensuring that we continue to offer the highest standards of service while significantly reducing our carbon footprint.

Philippine low-cost airline Cebu Pacific has signed an agreement with aircraft manufacturer Airbus this week to purchase up to 152 aircraft. The $24 billion (21.7 billion euro) deal is the largest in this field in the country so far, the French news agency AFP reported.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Air Data News broke the news in on Wednesday, October 2, 2024.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal