Cebu Pacific, Airbus, and Pratt & Whitney held an official ceremony to commemorate a binding memorandum of understanding (MOU) signed for CEB’s purchase of up to 152 A321neo aircraft for an estimated US $24 billion based on list prices, the largest aircraft order in Philippine aviation history.
The MOU covers firm orders for up to 102 A321neo, plus 50 A320neo family purchase rights. CEB has selected Pratt & Whitney GTF engines to power the future aircraft.
“The order is designed to give Cebu Pacific the flexibility to choose between the A321neo and A320neo aircraft as needed, helping us adapt to market read more ⇒
Source:: AirlineRatings.Com