Cebu Pacific agrees to sell smaller aircraft
February 24, 2015
Published on Feb 24, 2015
Cebu Pacific Air has signed an agreement to sell its six of its Airbus A319 aircraft.
The 156-seat single-aisle aircraft will be purchased by Allegiant Travel Company, the parent company of Las Vegas-based low-cost carrier, Allegiant Air. Deliveries will commence this year and all six A319s will be removed from CEB's fleet by the end of 2016.
But rather than reducing CEB's fleet, the move forms part of the airline's expansion plan, with the smaller A319s making way for a new fleet of larger A320s and A321s.
"This agreement is in line with CEB's efforts to continuously improve operational efficiency by replacing and upgrading our fleet with the larger, more fuel-efficient, and longer range A321neo aircraft," explained Lance Gokongwei, CEB's president & CEO.
CEB currently operates a fleet of 54 aircraft, including 10 156-seat A319s, 31 180-seat A320s, five 436-seat A330-300s and eight 72-seat ATR 72-500 turboprops. But between now and 2021, the airline expects to take delivery of 38 new aircraft, including 30 220-seat A321neos, seven A320s and one A330.
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