Airinmar, a subsidiary of AAR CORP., has signed a multi-year extension of its aircraft warranty management and value engineering services agreement with Cebu Pacific, one of Asia’s fastest-growing low-cost carriers. The deal continues a collaboration that began in 2022 and underscores the importance of cost optimization and efficiency in fleet management.
Crestone Air Partners has announced the successful closing of a lease agreement for an Airbus A320-200 aircraft with Cebu Pacific, further strengthening its footprint in the Asia-Pacific region. The deal marks another key milestone in Crestone’s strategy of steady, long-term growth with leading airline partners in major markets.
Cebu Pacific, the Philippines’ largest low-cost airline, has significantly expanded its collaboration with Lufthansa Technik through a newly signed agreement focused on the supply of Consumables and Expendables (C&E). This integrated supply program will cover the airline’s entire fleet of 100 aircraft, which includes Airbus A320, A321ceo/neo, and A330neo models.
Royal Air has officially launched operations with its first Airbus A321F, becoming the first airline in the Philippinesto operate this converted freighter type. The aircraft, registered RP-C1775, has begun flying freighter services between Manila and Taipei, marking a major strategic shift for the previously passenger-focused carrier.
Cebu Pacific has marked a major fleet milestone with the delivery of a new Airbus A330neo, bringing its total fleet to 100 aircraft. The delivered aircraft carries serial number 2095 and is the second of four A330neos scheduled for delivery in 2025. The carrier anticipates receiving a total of seven aircraft during the year.
Philippine Airlines has received an Airbus A320 narrowbody jet, identified by manufacturer serial number (MSN) 3652, to be operated by its low-cost regional subsidiary, PAL Express. The aircraft is equipped with CFM International CFM56-5B4/3 engines, known for their reliability and efficiency across short-to-medium-haul operations.
flyadeal, the Saudi low-cost carrier and subsidiary of Saudi Arabian Airlines (Saudia), has taken delivery of two Airbus A320 aircraft on wet lease from Cebu Pacific of the Philippines. The aircraft, identified by manufacturer serial numbers (MSNs) 5515 and 5179, are powered by CFM International CFM56-5B4/3 engines.
Cebu Pacific of the Philippines and flyadeal of Saudi Arabia have signed a Memorandum of Understanding (MoU)aimed at exploring strategic joint commercial initiatives between the two low-cost carriers. The agreement outlines the mutual intention to collaborate in optimizing aircraft utilization and expanding seasonal capacity through wet lease arrangements involving their Airbus A320 fleets.
AirAsia Aviation Group, the Malaysian-based low-cost airline conglomerate, has announced the appointment of Suresh Bangah as the new President and General Manager of AirAsia Philippines, succeeding Ricky Isla, who will transition into the role of Chief Advisor to the GM. The leadership change is part of a strategic move to strengthen the airline’s Philippine operations.
Cebu Pacific, the leading low-cost carrier in the Philippines, reported a steep decline in profitability for the first quarter of 2025, despite strong revenue growth. The airline’s net profit plunged by 79.2% year-over-year, dropping to $8.4 million, even as total revenue rose by 20.2% to $549 million.
