Cebu Pacific Welcomes Brand-New A321neo, 7th Aircraft for 2024

Cebu Pacific (PSE: CEB), the Philippines’ leading carrier, celebrated a significant milestone with the arrival of its seventh aircraft for 2024. The brand-new A321neo landed at the Ninoy Aquino International Airport (NAIA) in Manila from Airbus’ facility in Hamburg, Germany, on June 30. This addition underscores Cebu Pacific's commitment to operational resilience and meeting the increasing demand for air travel.

Cebu Pacific operates one of the youngest fleets in the world, enabling extensive network coverage across the Philippines. The airline's diverse fleet now includes:

• Eight (8) Airbus 330s
• Thirty-seven (37) Airbus 320s
• Twenty-two (22) Airbus 321s
• Fifteen (15) ATR turboprop aircraft

The new A321neo, known for its fuel efficiency, burns 15 percent less fuel per flight compared to previous-generation aircraft. This reduction in fuel consumption also leads to a significant decrease in carbon emissions, aligning with Cebu Pacific's sustainability goals.

In a landmark move, Cebu Pacific announced on July 2 that it signed a binding Memorandum of Understanding (MOU) with Airbus for the purchase of up to 152 A321neo aircraft. Valued at USD $24 billion (PHP 1.4 trillion) based on list prices, this agreement marks the largest aircraft order in Philippine aviation history. The purchase agreement is expected to be finalized in the third quarter of the year, signaling a robust expansion plan for the airline.

Cebu Pacific continues to broaden its horizons, currently flying to 35 domestic and 25 international destinations across Asia, Australia, and the Middle East. The addition of the new A321neo not only strengthens the airline’s fleet but also enhances its ability to provide reliable and efficient air travel to its passengers.

With these developments, Cebu Pacific reaffirms its dedication to offering world-class service while prioritizing environmental sustainability and operational excellence.