Cebu Pacific is proud to announce the signing of a landmark purchase agreement with Airbus and Pratt & Whitney, an RTX business, for up to 152 A321neo aircraft, equipped with Pratt & Whitney GTF™ engines. The agreement with Airbus covers firm orders for up to 102 A321neo, plus 50 A320neo Family purchase rights. Benoit De Saint-Exupery, Airbus EVP Sales of Commercial Aircraft business; Michael Szucs, Cebu Pacific Chief Executive Officer; and Rick Deurloo, Pratt & Whitney President of Commercial Engines lead the signing of the purchase agreement for up to 152 aircraft for Cebu Pacific. This acquisition --- which has a minimum commitment of 70 aircraft --- is the largest in Philippine aviation history, valued at approximately USD $24 billion (PHP 1.4 trillion) based on list prices for the entire 152 aircraft order. This purchase agreement reflects CEB’s unwavering optimism for the future of air travel and steadfast commitment to meeting the evolving needs of passengers. “The
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