Airbus nears initial deal with Cebu for 70 jets, sources say

Quick Summary:

PARIS/MANILA :Airbus is closing in on a preliminary deal with Philippine budget airline Cebu Air for dozens of narrow-body jets to be announced in the coming days, three people familiar with the matter said on Friday.

It operates a fleet of 64 Airbus and 14 ATR aircraft, which will increase to 92 by end-2024.

Two of the people said the deal involved 70 jets, including a number of A321neo models.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFrancePhilippines

Topics: Airbus People Pacific Narrow-body Seen Airline Paris Deal Jets Operates Cebu

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 20:54:39 (4 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 247 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21410169

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 42 posts per day

Year Established: 1999

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News Last Updated: 2 hours ago

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