Cebu Pacific orders up to 14 brand new turboprops
Tags :
Southeast Asia,
CEBU Pacific Air
Cebu Pacific will expand its fleet further with the acquisition of up to 14 ATR72-500 aircraft worth more than USD250 million.
After CEB completed its USD670 million re-fleeting program in Mar-07, CEB announced that it would purchase up to 20 A320 aircraft worth USD1.3 billion in order to serve the growing market demand for low fares in the Philippines and in Asia.
Lance Gokongwei, CEB President and CEO, explained that the move to further expand its fleet with the ATR fleet is a continued manifestation of CEB’s desire to bring air travel closer to more Filipinos and to bring them to new destinations which CEB cannot operate to at the moment due to runway length and strength limitations.
The latest ATR order is made up of 6 firm orders, with an additional 8 options. The first two ATR72 aircraft are expected to arrive in early 2008 and the complete delivery is expected by 2013.
Gokongwei said that with the ATR fleet, CEB will now be able to fly into more airports in the country, bringing its LCC operations to more destinations and connecting more islands in the country.
Now in its 12th year, CEB operates the most domestic destinations, flights and routes and has the youngest fleet in the Philippines at an average age of just one year. CEB operates 14 brand new Airbus aircraft to its 20 domestic and soon to be 8 regional destinations with the addition of Taipei operations beginning 13-Jun-07.
The Toulouse, France based regional aircraft manufacturer, Avions de Transport Regional (ATR) is the world leader in the 50 to 74 seat turboprop market.
Date posted: 25-May-07
Other CEBU Pacific Air News |
Cebu Pacific orders up to 14 brand new turboprops 
