7 December 2022
Low Cost Carrier Cebu Pacific (CEB) said Tuesday it expects the delivery of 11 brand-new Airbus NEO aircraft worth nearly $2 billion as it hopes to return to profitability next year.
“We are expecting delivery of 11 brand new aircraft next year. These include the 330 NEOs, 321 NEOs as well and 320 NEOs. They have delivery schedules associated with them, and we are pretty much expecting delivery every month in 2023,” Cebu Pacific chief strategy officer Alex Reyes said.
CEB is scheduled to have delivery of three A320 NEOs, four A321 NEOs and four A330 NEOs next year.
Reyes clarified that they will replace old frames due for return to lessors and not increase the size of its fleet of aircraft. They will however increase number of seats available to be sold.
Cebu Pacific earlier placed orders for 16 A330 NEOs, 16 A320 NEOs and 22 A321 NEOs with Airbus. It took delivery of its fourth Airbus A330 NEO aircraft in November.
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