Cebu Pacific Air inks Airbus lease deal

Cebu Pacific Air inks Airbus lease deal

The Philippines’ largest national flag carrier, Cebu Pacific Air has signed operating lease agreements on two brand-new Airbus A330-300 aircraft with Intrepid Aviation, a US-based commercial aircraft lessor to passenger and freight airline operators worldwide.

The additional Airbus A330-300 aircraft will be delivered from 2014 to 2015, and will be powered by Rolls-Royce Trent 772B engines.

By 2015, CEB will operate a total of six brand-new Airbus A330-300 aircraft.

CEB earlier announced it will launch its long-haul operations with direct daily Manila-Dubai services on October 7th, 2013.

The Airbus A330-300 aircraft will allow it to fly to farther destinations, beyond the range of CEB’s Airbus A320 fleet.

“With our A330 fleet strengthened by this lease agreement, we will continue exploring other regions we can serve, such as the Middle East, Australia, parts of Europe and the US.

“These additional wide-body aircraft will allow us to offer Cebu Pacific’s trademark lowest fares to even more passengers,” said CEB general manager for the long-haul division Alex Reyes.