Transportation

Philippine LCC Cebu Pacific to buy up to 152 jets worth $24bn

Deal pegged as largest aircraft purchase in Philippine aviation history

20240702 Cebu Pacific

Cebu Pacific jets are pictured at the Ninoy Aquino International Airport in Pasay City, Metro Manila. © Reuters

RAMON ROYANDOYAN, Nikkei staff writer
July 3, 2024 09:35 JST

MANILA -- Philippine budget airline Cebu Pacific is set to buy up to 152 Airbus jets for $24 billion to expand its fleet and meet recovering demand for flights.

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