CEB Keeps Fleet at 73

 24 September 2021

 
Low cost carrier Cebu Pacific (CEB) announced that it will retain its fleet of 73 jets and turboprops aircraft, an airline spokesperson disclosed Friday.

“The 73 aircraft are for the full recovery of our network and we do want to go back to pre-Covid levels as soon as possible,”Cebu Pacific VP Candice Iyog said.

The airline is preparing to ramp up its domestic and international operations, increasing frequencies to popular local destinations Boracay, Siargao, and Bohol in the coming months, as well as resuming international flights to Narita, Nagoya, and Fukuoka, among other destinations.

“We are ready to ramp up as quickly as demand comes back.” Iyog said.

Cebu Pacific only operates 26 percent of its capacity currently.

The airline intends to increase frequencies for international and domestic destinations for its winter schedule beginning October, stating the carrier will operate at 38 percent of its pre-Covid capacity.

No information was disclosed on the utilization of its fleet, as most of them are already return to lessors, basically either expired or expiring. Some of them are supposed to be replaced last year and this year with new aircraft orders. It also return two A330 this year to lessors.

Iyog said Cebu Pacific is “in discussion with Airbus for delivery schedules.”

She however declined to comment on delivery schedule of 16 long-range A330 neo aircraft, 10 A321 XLRs, and five A320 neo jets. 
 
The company earlier stated that it will upgrade its entire Airbus fleet with newer and more efficient planes by 2027.

The airline earlier received its eight and ninth new Airbus A321neo (New Engine Option) aircraft on April 2 and May 19 2021. It will also received its first A330-900 aircraft this October, financed both by Indigo Partners US$250 million equity infusion. It is scheduled to fly Dubai route.
 
According to Company reports, the airline will receive 5 more Airbus jets and ATR turboprops for the remainder of 2021 but will not grow its fleet. 
 
Cebu Pacific would take delivery of 40 Airbus A320neo family aircraft, 16 A330neos and three more ATR 72-600s by 2026, completely replacing its old fleet.

To date, the Cebu Pacific fleet comprises of nine A321neo, 25 Airbus A320, seven Airbus A321ceo, five Airbus A320neo, four Airbus A330-300, six ATR 72-500, and 13 ATR 72-600 aircraft. Its fleet also has two ATR freighters on top of one A330 converted freighter.


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