Cebu Pacific signs MoU for 30 A321neos
June 16, 2011Cebu Pacific Air has signed a Memorandum of Understanding (MoU) with Airbus for the purchase of 30 A321neo aircraft and has also exercised existing options for seven more standard A320s, increasing to 41 its total firm orders for the Airbus single aisle product line.
"The A320 family has played a key role in enabling us to build an efficient, profitable, value-based business," commented Lance Gokongwei, Cebu Pacific president and CEO. "The addition of more A320s and the A321neo allows us to expand further in the Asia-Pacific region, and continue offering our trademark low fares."
Cebu Pacific's network covers 33 domestic and 16 international destinations, including Osaka, Seoul (Incheon), Beijing, Jakarta, Bangkok and Singapore.
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