Cebu Pacific has signed a significant purchase agreement with Airbus and Pratt & Whitney for up to 152 A321neo aircraft, equipped with Pratt & Whitney GTF™ engines. This agreement includes firm orders for 102 A321neo aircraft and purchase rights for an additional 50 A320neo Family aircraft. With a minimum commitment of 70 aircraft, this acquisition represents the largest in Philippine aviation history, valued at approximately USD $24 billion (PHP 1.4 trillion).
This landmark deal reflects Cebu Pacific’s optimism for the future of air travel and its commitment to meeting the evolving needs of passengers. The selection of Airbus and Pratt & Whitney emphasizes the airline’s focus on operational efficiency, sustainability, and innovation, ensuring high service standards while significantly reducing its carbon footprint.
Airbus views this agreement as a testament to Cebu Pacific’s confidence in its products and a positive indicator for the aviation industry’s recovery. The A320 Family has supported Cebu Pacific’s domestic and short-haul international network growth over the past two decades. The A321neo is recognized for its exceptional economics, performance, and fuel efficiency, positioning Cebu Pacific for continued expansion as a leading low-cost carrier in the Asia-Pacific region.
Pratt & Whitney also highlights the growing opportunities within the aviation sector in the Philippines and the broader Asia-Pacific region. The GTF engine will enable Cebu Pacific to expand its route offerings while providing industry-leading fuel efficiency and sustainability benefits.
Cebu Pacific was advised by Blue Skies Consultants during these transactions with Airbus and Pratt & Whitney.
This acquisition aligns with Cebu Pacific’s mission to make air travel more accessible and affordable while supporting economic growth and connectivity goals in the Philippines.
