Budget Philippine carrier orders 16 planes | Fin24
  • Load Shedding Schedules

    Find information for Johannesburg, Durban, Cape Town and other cities.

  • Channelling Thatcher

    A battle with unions will be the biggest test for Ramaphosa and Mboweni, writes Pieter du Toit.

  • Liberty

    We are no longer turning around, we are growing, says the group's CEO as profit surge.


Budget Philippine carrier orders 16 planes

Jun 16 2015 14:08

Manila - Budget Philippine carrier Cebu Pacific has ordered 16 ATR 72-600 turboprop planes from the France-based manufacturer in a deal worth $673m, the two companies said in a joint statement on Tuesday.

The order, also announced at the ongoing Paris Air Show, includes options for 10 additional planes of the same model and will serve Cebu Pacific's domestic routes, they said.

Deliveries are to start between July and September next year.

Cebu Pacific chief executive and president Lance Gokongwei said: "This order is an affirmation of our commitment to extend the convenience of affordable air travel to even more communities."

The airline, the largest in the Philippines based on passengers carried, now flies eight ATR 72-500 aircraft, which will be retired as the new short-haul aircraft enter service on its domestic routes.

philippines  |  france  |  airline industry


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot


Cuts to the public sector wage bill took centre stage at this year's Budget

Voting Booth

Do you support a reduction in the public sector wage bill?

Previous results · Suggest a vote