Cebu Pacific to buy 24 new aircraft over next five years

10 Jan 2011

Cebu Pacific – a low cost carrier based in the Philippines – has announced plans to acquire an additional 24 new Airbus A320 aircraft over the next five years to further expand its operations and accelerate growth.

Lance Gokongwei, chief executive of the carrier, stated that the new aircraft would be used to launch new routes and increase frequencies.

The carrier is scheduled to take deliveries of five new A320s over this year and another 16 between 2012 and 2014.

According to local media, Gokongwei said: “With the expected delivery of more brand-new aircraft, we are in great position to expand in Asia.”

Cebu Pacific saw tremendous growth last year: the carrier’s international operations grew by 37 percent in the first nine months of 2010 because the carrier increased frequencies to Brunei, launched flights to Beijing and introduced online check-in facilities. Cebu Pacific now flies to 16 international destinations: Bangkok, Beijing, Brunei, Busan, Guangzhou, Ho Chi Minh, Hong Kong, Jakarta, Kota Kinabalu, Kuala Lumpur, Macau, Osaka, Seoul, Shanghai, Singapore and Taipei.

The carrier’s runaway success is attributed to its low fares and to its unique services, such as the Safety Demonstration dance performed onboard certain routes.

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Alisha Haridasani

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