Cebu Pacific (CEB) said Thursday it received its fifth new aircraft this year as part of its fleet expansion program.
The aircraft, a fuel-efficient A320neo, landed at the Ninoy Aquino International Airport in Paranaque City on May 21.
“Adding another NEO aircraft to our growing fleet supports our goal of reducing our carbon footprint,” said CEB chief strategy officer Alex Reyes.
“We’re proud to take a more proactive approach in minimizing our environmental impact, all the while addressing the ongoing demand for air travel,” he said.
CEB operates one of the youngest fleets in the world, with its diversified commercial fleet mix of 8 Airbus 330s, 39 Airbus 320s, 21 Airbus 321s and 14 ATR turboprop aircraft, enabling the widest network coverage in the Philippines.
Airbus NEOs are the latest-generation aircraft that burn 15 percent less fuel per flight compared to the previous generation.
The reduction in fuel consumption leads to a corresponding reduction in aircraft carbon emissions.
The airline flies to 35 domestic and 24 international destinations across Asia, Australia and the Middle East.
It booked a net income of P2.24 billion in the first quarter of 2024. up by nearly 108 percent from P939 million in the same period last year.
Cebu Pacific generated P25.3 billion in revenue in the three-month period, a 21-percent increase from the previous year.
It flew over 5.5 million passengers in the first quarter, marking a 14-percent increase from the same period last year and a three-percent growth from the preceding quarter.
