Cebu Air to Order 31 Airbus Jets Worth $6.8 Billion
- Philippine carrier expects all-Airbus NEO fleet by 2024
- Cebu Air can develop new markets with 10 A321 long range jets
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Cebu Air Inc. ordered 31 aircraft from Airbus SE worth $6.8 billion as the Philippines' largest budget carrier targets an all-new fleet in five years.
The order for 16 A330neo and 15 A320neo family aircraft including 10 A321 XLR was made during the Paris Air Show, the airline owned by billionaire John Gokongwei said in a statement. The jets are scheduled for delivery from 2021 to 2026, adding to the 32 A321neo aircraft ordered in 2011 and for delivery until 2022.