Cebu Pacific Air has further expanded its fleet with the addition of two Airbus A330neo and seven Airbus A321ceo aircraft through a Sale and Leaseback agreement with Jackson Square Aviation (JSA).
The first batch of aircraft was delivered in December 2024, with a second A330neo scheduled for delivery in the first half of 2025.
This strategic partnership with JSA allows Cebu Pacific to further enhance its operational efficiency. It is able to modernize its fleet with fuel-efficient aircraft via a flexible financing solution.
David Jones, JSA’s Head of Asia Pacific Marketing commented in the recent agreement with the Philippines’ carrier. “We are thrilled to continue our strong partnership with Cebu Pacific by providing them with Sale and Leaseback solutions for these modern aircraft.”
“This agreement demonstrates JSA’s ability to tailor financing solutions to meet the unique needs of our customers. It enables them to optimize their fleet and navigate the evolving aviation landscape.”
Mark Cezar, Cebu Pacific Chief Finance Officer, expressed his gratitude for JSA’s continued support. “Our collaboration with JSA has been instrumental. It has enabled us to provide safe, affordable, and accessible air travel to millions of passengers.”
“This partnership reflects our shared commitment to innovation and excellence within the aviation industry,” Cezar concluded.
Cebu Pacific Air: A Pioneer in Philippine Aviation
Cebu Pacific Air is a subsidiary of JG Summit Holdings. It is the Philippines’ largest airline and a pioneer in the country’s low-cost carrier industry.
Founded in 1988 and commencing operations in 1996, Cebu Pacific has revolutionized air travel in the Philippines. It has made airfares more accessible to a wider segment of the population.
Headquartered in Pasay City, Metro Manila, Cebu Pacific operates a vast network of domestic and international routes.
Its primary hub is at Ninoy Aquino International Airport in Manila. The carrier has secondary hubs strategically located throughout the Philippines in Cebu, Clark, Davao, Iloilo, and Kalibo.
This extensive network connects Filipinos to major cities within the country. It also provides connectivity across the globe, fostering tourism, trade, and cultural exchange.
Current Fleet
Cebu Pacific boasts a modern fleet of aircraft, primarily consisting of Airbus A320 family aircraft. This includes the fuel-efficient A320neo and A321neo models.
This fleet renewal strategy ensures operational efficiency and reduces the airline’s environmental impact. The recent acquisition of additional Airbus A330neo aircraft further strengthens the airline’s long-haul capabilities, enabling it to expand its reach to more international destinations.
Looking Ahead
As the Philippines’ leading airline, Cebu Pacific continues to innovate and expand its operations. The airline commits to sustainable growth, investing in fuel-efficient aircraft and exploring new technologies to reduce its environmental footprint.
With its strong foundation, modern fleet, and passenger-centric approach, the carrier is well-positioned to continue its success and play a significant role in the future of Philippine aviation.
This expanded section provides a more comprehensive overview of Cebu Pacific Air, covering its history, operations, fleet, services, and contribution to the Philippine economy.
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