Cebu Pacific has signed a forward sale agreement
with a subsidiary of Allegiant Travel Company, covering Cebu
Pacific's sale of six Airbus A319 aircraft.
Allegiant is the parent company of Las
Vegas-based low-cost airline, Allegiant Air. Delivery of the
aircraft to Allegiant is scheduled to take place this year.
"This agreement is in line with Cebu
Pacific's efforts to
continuously improve operational efficiency by replacing and
upgrading our fleet with the larger, more fuel efficient, and
longer range A321neo aircraft," said Lance Gokongwei, Cebu
President and CEO.
Cebu Pacific's Airbus A321neo aircraft will be equipped
with the Pratt and Whitney PurePower Geared Turbofan engine. The
aircraft has a flying radius of over 6 hours and can be configured
to have up to 240 seats. The aircraft will enable Cebu Pacific to access new
markets in the Indian subcontinent and Australia, including Perth,
Brisbane and Adelaide.
The A321neo is the largest model in the A320neo
series, which incorporates new engines and large wing tip devices
called sharklets. The advances will deliver fuel savings of 20% and additional payload or range capability. The fuel
savings translate into some 5,000 tonnes less CO2 per aircraft per
year. In addition, the aircraft will provide a double-digit
reduction in NOx emissions and reduced engine noise.
Cebu Pacific currently operates a fleet of 54 aircraft
comprised of 10 Airbus A319, 31 Airbus A320, 5 Airbus A330 and 8
ATR 72-500 aircraft. Between 2015 and 2021, Cebu Pacific will take
delivery of 7 more brand-new Airbus A320, 1 Airbus A330, and 30
Airbus A321neo aircraft.
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