Cebu Pacific Selects Airbus A319 And A320 For Total Fleet Renewal

1 September 2004 Press Release

Cebu Pacific, the Philippines? second largest carrier, has signed a contract for the purchase of twelve Airbus A319s and will additionally lease two Airbus A320s to totally replace its existing fleet of DC-9 and B757 aircraft. The A319s are scheduled for delivery from September 2005 until 2007 and will be deployed on the airlines? domestic network that currently extends to 19 destinations. The A319s will be configured in a 150-seater all economy configuration.

Cebu Pacific is a new customer for Airbus in Asia ? Pacific and the latest in a recent series of low cost carriers from the region to select A320 Family aircraft. Over 300 Airbus A320 Family aircraft are already in service with 28 airlines from the region. With the Cebu Pacific order, the backlog of Airbus A320 Family orders destined for Asia-Pacific customers is increased to over 120 aircraft. The A320 Family has a widespread reputation for high dispatch reliability even on short hops, with wide aisles facilitating quick turnarounds for efficient operations.

?After several months of careful and prudent study, we finally decided to re-fleet using the Airbus A319 and A320 because of the long term benefits to Cebu Pacific in terms of economy and operations, ?said Cebu Pacific president and CEO Lance Gokongwei.  ?We believe that our partnership with Airbus will further boost our position in the local industry and improve our international operations.  Furthermore, the Cebu Pacific-Airbus team up will surely play a key role in the development of our country?s tourism, which is a vital component of the airline?s Vision and Mission.?

?Airbus is delighted to welcome Cebu Pacific to the family of Airbus customers in the dynamic Asia-Pacific region. I am confident that the A319?s combination of low operating costs, high on-time performance and outstanding passenger appeal will prove to a further boost to the airline?s reputation amongst its passengers in the Philippines market? said Airbus President and Chief Executive Officer Noël Forgeard.

The A319 offers optimum cabin comfort in its class, reflecting a common commitment that is found in all Airbus aircraft. And like all the passenger aircraft that Airbus produces today, it features many modern technology features at no extra charge ? such as advanced fuel-saving aerodynamics, including winglets, widespread weight-saving carbonfibre composites, and pilot and maintenance-friendly fly-by-wire controls and centralised maintenance.

Widely accepted as the industry standard, the best?selling Airbus A320 Family comprises a variety of seating configurations that allow for a customized lay-out depending on the airliner?s needs.  All of them share the same airframe ? only the fuselage lengths are different ? and the same cockpits, systems and engines, delivering unmatched operational commonality and savings to airlines.

Airbus is a leading aircraft manufacturer with the most modern and comprehensive family of airliners on the market. They range in capacity from 100 to more than 500 seats and incorporate the latest state-of-the-art technologies. Airbus has delivered more than 3,500 aircraft to some 260 customers and operators worldwide, and boasts a healthy delivery backlog of some 1,400 aircraft, which, at current rates, represents close to five years of production. With an annual turnover of ?19.2 billion in 2003, Airbus is a global company with design and manufacturing facilities in France, Germany, the UK and Spain, as well as subsidiaries in the US, China and Japan. Headquartered in Toulouse, France, Airbus is an EADS joint Company with BAE Systems.