Post Covid-19 strategy: Cebu Air pursues refleeting plan, gets new A321 neo

Gokongwei-led Cebu Air Inc. took delivery of a brand-new Airbus A321neo as part of its flight plan to emerge stronger from the Covid-19 crisis.

Set to enter service on April 9, the new aircraft will serve Cebu Pacific’s various domestic routes. It is part of the budget carrier’s 47 narrow-body orders from Airbus in line with its refleeting program.

Apart from this, Cebu Pacific expects delivery of seven more aircraft – a mix of Airbus and ATR.

The A321neo delivers 20 percent fuel cost savings while offering significant environmental benefits with nearly 50 percent reduction in carbon footprint compared to previous generation aircraft.

“Pre-pandemic, we have already started embarking on our long-term vision and fleet strategy, which includes an orderly exit of older aircraft. We envision the total CEB fleet to be composed of new-generation aircraft in the next few years,” said Mark Cezar, Cebu Pacific deputy chief finance officer.

Cebu Pacific’s 74-strong fleet is comprised of eight A321NEO, 25 Airbus A320, seven Airbus A321CEO, five Airbus A320NEO, seven Airbus A330, six ATR 72-500, and 13 ATR 72-600 aircraft.

The airline also has two ATR freighters and one A330 freighter.

It boasts of one of the youngest fleets in the world, with an average fleet age of about 5.7 years.

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