Cebu Pacific, the Philippines’ largest low-cost airline, has increased its ownership stake in 1Aviation Groundhandling Services from 40% to 60%, establishing a majority position in the company. The stake increase was achieved through a debt-to-equity conversion, allowing Cebu Pacific to deepen its influence over ground handling operations, which are essential to the airline’s service efficiency…
Cebu Pacific, the Philippines’ largest low-cost carrier, recently expanded its fleet with the addition of a new Airbus A321neo, serial number 12407. Powered by advanced PW1133G-JM engines from Pratt & Whitney, this latest acquisition marks a step forward in Cebu Pacific’s commitment to sustainability and operational efficiency. The A321neo, known for its fuel efficiency and…
SMBC Aero Engine Lease (SAEL) has celebrated a major milestone with the delivery of its 100th engine—a PW1133GA-JM— to Cebu Pacific Air. This engine delivery is part of a customized sale and leaseback solution tailored to support Cebu Pacific’s fleet growth and operational needs. Cebu Pacific, one of SAEL’s largest airline customers, benefits from SAEL’s…
