Cebu Pacific increases outstanding A320 orders to 15

Cebu Pacific increases outstanding A320 orders to 15

Will enable airline to continue to expand across Asian region

16 June 2009 Press Release

Cebu Pacific of the Philippines has increased its outstanding A320 orders to 15, with a new firm order for five aircraft. Scheduled for delivery from 2013, the new aircraft will join an existing A319 and A320 fleet flying on the low cost carrier's extensive domestic and regional route network. The initial batch of 10 aircraft is scheduled for delivery between 2010 and 2013.

"The A320 Family has played a key role in enabling us to offer a high quality, value-based product," said Lance Gokongwei, President and CEO of Cebu Pacific. "Our latest order will make it possible for us to maintain our expected growth pattern over the coming years. It will also help us to continue our network expansion to reach more destinations across the region."

"We are pleased that Cebu Pacific has once again placed a vote of confidence in the A320 Family," said John Leahy, Airbus Chief Operating Officer - Customers. "By placing orders today, the airline is ensuring that it will be well positioned to build on its success with the most modern, efficient and comfortable single aisle product available in the market."

Manila-based Cebu Pacific is one of the leading low cost carriers in Asia, flying to 46 domestic and international destinations. Altogether, the carrier has now placed firm orders for 27 A320 Family aircraft, with 12 already delivered. The carrier currently operates 21 aircraft from the Family, including nine leased aircraft, with an average age for the fleet of just 1.9 years.

The A320 Family is recognised as the benchmark single-aisle aircraft family. Over 6,300 have already been sold and almost 3,900 delivered to more than 300 customers and operators worldwide.