Cebu Pacific receives new A321ceo to support its route expansion plans

posted on 3rd January 2019 by Justin Burns
Cebu Pacific receives new A321ceo to support its route expansion plans

Filipino airline Cebu Pacific has taken delivery of a new Airbus A321ceo aircraft which completes the carrier’s order with Airbus for an additional seven A321ceo aircraft delivered beginning in March 2018.

Based on Airbus list prices, the seven A321ceo have a value of $812 million, and is on top of an existing order for 32 A321neo. Cebu Pacific expects delivery of the first of its A321 by the first quarter of 2019.

To support expansion plans, the airline has also ordered five A320neo through an operating lease agreement signed with Avolon Aerospace Leasing Limited.

Deliveries of these aircraft will commence in the first half of 2019 and will be completed within the same year. The carrier is also expecting delivery of four ATR 72-600 aircraft from 2019 to 2022 for use in inter-island domestic routes where jet operations are not possible.

To date, the Cebu Pacific fleet is comprised of 36 A320, seven A321ceo, eight A330, eight ATR 72-500, and 12 ATR 72-600 aircraft. The ATR aircraft are used by its subsidiary Cebgo. Between 2019 and 2022, CEB expects delivery of five A320neo and 32 A321neo; as well as four ATR 72-600 aircraft.

Last month, Cebu Pacific started a daily flight between its hub at the Clark International Airport in Pampanga and the Bohol-Panglao International Airport. The new route is part of the carrier’s expansion plans for its Clark hub to cater to the catchment areas in Northern and Central Luzon.