LONDON – Philippine low-cost carrier Cebu Pacific will adopt the Airbus’ Flight Hour Services (FHS) materials management to provide the component support for its fleet of 16 A330neos.

Cebu Pacific will benefit from integrated material services including parts pooling, on-site stock at the airline’s main base in Manilla, components repair, component engineering services, as well as end-of-lease condition support.

Airbus says it will guarantee spare parts availability and help the carrier minimize maintenance costs as part of the flexible services solution.

“We are extremely pleased to partner with Cebu Pacific in its A330neo lifecycle journey. Recognizing the need to support airlines in their recovery, Airbus offers flexibility with its innovative Flight Hour Services which allows them to minimize maintenance costs whilst maximizing aircraft availability and securing operational performance simultaneously,” said Anand Stanley, President Airbus Asia-Pacific.

“This collaboration reinforces Cebu Pacific Air’s position as an industry-leading Airbus operator. It ensures that we are able to meet our operational and reliability targets, while we remain prudent with our expenditure,” said Michael Szucs, CEB Chief Executive Adviser.

With this latest A330 Flight Hour Services selection from Cebu Pacific, Airbus becomes the leading provider for A330 by-the-hour services.

The low-cost airline currently flies 2 A330-900neo aircraft featuring 459 economy seats, the densest cabin configuration for the type.

According to Airbus, the GDP of the Asia-Pacific region will grow at 3.6 percent per year compared to the world average of 2.5 percent and double in value by 2040.

The European planemaker said the region will need up to 17,620 aircraft, 13,660 are in the small category like the A220 and A320. 

In the medium and long-range categories, Asia-Pacific will continue to drive demand making 42 percent of global requirements. This translates to 2,470 medium and 1,490 large category aircraft.