Cebu Pacific has signed an agreement
with Switzerland-based IPR Conversions to convert two of its
ATR 72-500 passenger aircraft into freighter planes.
The move will
make Cebu Pacific the only passenger airline in Philippines
with dedicated cargo planes.
“We will be able to
offer cargo capacity that no other carrier in the Philippines can
provide,” said Lance Gokongwei, President and CEO of Cebu Pacific,
“With the freighter aircraft, we will further support the growing
needs of the logistics industry, especially as the Philippines’
e-commerce businesses expand rapidly and look for faster delivery
Cebu Pacific expects to receive the
first of two converted aircraft in the fourth quarter of 2018. The
cargo aircraft will continue to be operated through Cebu Pacific’s wholly
owned subsidiary, CebGo.
IPR Conversions, based in
Lausanne, Switzerland, is one of the leading ATR freighter
conversion service providers in the world. The conversion of two
of CEB’s passenger ATR 72-500 aircraft into dedicated air
freighters involves the installation of a large cargo door,
allowing standard containers and pallets used throughout the
aviation industry to be loaded.
The aircraft will have space for
seven AKE Unit Load Device (ULD) containers, and will be able to carry
more than seven tons of cargo.
will be converted at the facility of Sabena Technics DNR S.A.S. in
Dinard, France. Sabena is one of France’s leading maintenance and
modification services (MRO) providers for both civilian and
Cebu Pacific has about 50% market share
for domestic air cargo, currently utilising belly space of its
passenger aircraft fleet. Cebu Pacific ’s cargo services have grown
considerably, with revenues growing 29% in 2017, to PHP4.6 Billion
(approx. USD86 Million); and 26% in the first quarter of 2018, to
PHP1.3 Billion (approx. USD24 Million).
Only about one-third of the 90 airports in Philippines can