Cebu Pacific has signed a forward sale agreement
with a subsidiary of Allegiant Travel Company, covering Cebu
Pacificís sale of four Airbus A319 aircraft.
Allegiant is the
parent company of Las Vegas-based low-cost airline, Allegiant Air.
Delivery of the four aircraft to Allegiant is scheduled
to take place between 2017
Allegiant previously agreed to purchase six
Airbus A319 aircraft from CEB, with three remaining deliveries
scheduled to occur later this year.
on the agreement, Jude Bricker, Allegiant Travel Company Chief
Operating Officer, said, ďBy the end of 2016, Allegiant will be a
majority Airbus carrier, as measured by available seat miles. This
agreement to purchase additional aircraft from Cebu Pacific is an
important step in our long-term transition to a single fleet
Cebu Pacific currently operates one of the
youngest fleets in the world, with an average age of 4.82 years.
Its 57-strong fleet is comprised of 7 Airbus A319, 36 Airbus A320,
6 Airbus A330, and 8 ATR 72-500 aircraft.
of its conservative fleet renewal program, Cebu Pacific will be taking
delivery of 30 brand-new Airbus A321neo aircraft, the largest model in the A320neo series. The A321neo has a flying radius of over 6 hours and can be
configured to have up to 240 seats, allowing Cebu Pacific to access new
markets in the Indian subcontinent and Australia.
Cebu Pacific has also ordered 16 ATR 72-600 turboprop aircraft, to meet
increasing demand in Philippines for inter-island services.
The ATRs will enable Cebu Pacific to expand its operations on several smaller
airports in its home country, and to contribute to the development
of regional transport, trade, and tourism.
ďAs we aim to expand our operations both
in Philippines and abroad, we remain invested in upgrading our
fleet with fuel efficient, versatile aircraft. Between 2016 and
2021, we are anticipating the delivery of 30 Airbus A321neos, for
long-range capability, and 16 ATR 72-600 turboprop planes, for
better inter-island connectivity,Ē said Cebu Pacific President and CEO,
CEB offers flights to an extensive network of more than 90
routes on 64 destinations, spanning Asia, Australia, the Middle
East, and USA.
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