Posted on: 23 February 2015
Cebu Pacific Air has signed a sale agreement with a subsidiary of Allegiant Travel Company covering Cebu Pacific's sale of six Airbus A319s to the latter.
Allegiant Travel Company is the parent company of Las Vegas-based low-fare airline, Allegiant Air, which is scheduled to take delivery of the aircraft from later this year and into 2016.
"This agreement is in line with Cebu Pacific's efforts to continuously improve operational efficiency by replacing and upgrading our fleet with the larger, more fuel efficient, and longer range A321neo aircraft," explained Lance Gokongwei, the carrier’s president and CEO.
CEB currently operates a fleet of 54 aircraft comprised of 10 Airbus A319s, 31 Airbus A320s, 5 Airbus A330s and 8 ATR 72-500s. Between 2015 and 2021, Cebu Pacific will take delivery of 7 more brand-new Airbus A320s, 1 Airbus A330, and 30 Airbus A321neo aircraft.