Cebu Pacific receives its first Airbus 320ceo delivery on February 9, as part of its commitment to expand its fleet for growing air travel demands.
Cebu Pacific Air (CEB) has received its first aircraft delivery of 2024, an Airbus A320ceo. This is the first of 17 planes the airline expects this year, as it aims to grow its fleet size to 92 by the end of 2024. CEB has increased its capital expenditure by 19% to P50-billion, to finance the acquisition of new aircraft and support the company's growth expansion in the next five to 10 years. The airline also plans to finalize the acquisition of 100 to 150 new aircraft, either with Boeing or Airbus, by the first half of this year.
February 11, 2024
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