Cebu Pacific to lease five A320neo


Manila - The low-cost airline operator Cebu Pacific has leased five Airbus A320neo from Avolon to support its fleet expansion. Deliveries will start in the first half of 2019 and will be finished within the same year.

The aircraft will be equipped with PW1100G-JM engines. The carrier had also selected Pratt & Whitney PW1100G engines for its 32 A321neos that it has on order.

The introduction of the new generation, fuel-efficient A320neo aircraft to the Philippine market will help us to further strengthen our position in the Philippines. It will also allow us to further pursue expansion of our international route network. From this year until 2022, we are adding an average of nine new aircraft per year to our fleet,
said Alexander Lao, vice president for commercial planning at Cebu Pacific.
With higher seat capacity and much greater fuel efficiency, the A320neo will enable us to fly further and more economically. It’s the perfect addition to our fleet, allowing us to offer even more compelling fares to more passengers,
the company said in its press release.

This is the second lease agreement between Cebu Pacific and Irish lessor Avolon after the placement of three Airbus A330-300.

Apart from this order, Cebu Pacific expects two more A321ceo, 32 Airbus A321neo, and six ATR 72-600 from2018 to 2022.

The carrier operates a fleet of 67 aircraft, mostly comprised of A320s.