Cebu Pacific announced (14-Mar-2012) it intends to expand its fleet to 53 aircraft by the end of 2014. These aircraft will allow the LCC to increase frequencies on current routes as well as to expand its network. Four of the aircraft will be A330 aircraft which will be used on long haul services from the Philippines. As at 31-Dec-2011, the airline had a fleet of 37 aircraft, consisting of eight ATR 72-500s, 10 A319s, and 19 A320s. All the aircraft are owned by the airline except for 11 A320s which are held under an operating lease. Cebu Pacific also stated it placed an order for seven A320 aircraft to be delivered between 2015 and 2016, and for 30 A321neo aircraft with an option for another 10. A delivery date for the A321neo aircraft was not disclosed. [more – original PR]
Cebu Pacific aims to expand fleet to 53 aircraft by end of 2014
You may also be interested in the following articles...
Cebu Pacific Air to deploy additional A330s on regional routes, delaying long haul network expansion
Cebu Pacific Air has delayed plans to launch Honolulu and Melbourne or other new long haul routes. The Philippine LCC will instead use two recently acquired additional A330-300s on regional routes, enabling it to utilise slots better at its congested Manila hub.
Cebu Pacific is already using the equivalent of two of its six A330s on domestic and regional international routes. The decision to allocate another two widebody aircraft to short haul routes supplements a similar strategy to transition its narrowbody fleet to larger-gauge aircraft.
The group has 32 A321neos on order – to be delivered from 2017 and used to replace smaller A320s. Cebu Pacific is also now in the process of phasing out its A319 fleet and aims to shift some of its Manila-based ATR 72 turboprops to secondary bases.
Southeast Asia: A dismal 2014 was followed by a much better 2016
Southeast Asian airlines experienced a significant improvement in profitability in 2015 as fuel prices dropped and market conditions became more favourable after a dismal 2014. However, Southeast Asia’s airline sector continues to underperform compared to other regions in Asia Pacific and particularly to Europe and North America.