Historic Order

Cebu Pacific Air agrees to buy 152 single-aisle jets from Airbus, marking the largest jet purchase in the Philippines' history.

Deal Breakdown

The agreement includes 102 A321neo jets with options for an additional 50 planes.

Industry Milestone

Cebu's CEO, Mike Szucs, hails the deal as a significant milestone for the local airline industry.

Discounts Expected

Although the deal is valued at $24 billion at list price, airlines often receive large discounts, so the final price will be lower.

Airbus A321neo Demand

The A321neo is Airbus’s best-selling plane, with a backlog extending well into the next decade.

Boeing Loses Out

Despite considering Boeing, Cebu Pacific opts for Airbus, solidifying its fleet with the European manufacturer

Engine Choice

Cebu picks Pratt & Whitney GTF engines to power the new fleet, despite ongoing repairs for potential flaws.

Tycoon Control

The low-cost airline is controlled by Lance Gokongwei and his family’s JG Summit Holdings Inc., driving the company’s aggressive expansion strategy