Airbus is set to supply 152 aircraft to Philippine carrier Cebu Pacific Air in a preliminary agreement worth $24 billion (€22.4 billion) at list prices. However, significant discounts are common in such large deals, making the actual cost of the order lower. This marks the largest aircraft order ever in the Philippines, with Cebu Pacific Air committing to purchasing 102 A321neo aircraft with an option for another 50 units. The A321neo is Airbus’ best-selling aircraft, and the order book for these planes is filled for years to come.
Cebu Pacific Air is the largest player in the Philippines aviation market and already has a fleet of about 85 Airbus aircraft, in addition to some smaller propeller planes. The airline has expressed its continued confidence in Airbus’ products and looks forward to finalizing the contract in the third quarter. This deal solidifies the partnership between the two companies and underscores Airbus’ position as a leading aircraft manufacturer in the industry.