Cebu Pacific Steps Closer to Record-Breaking Airbus Order
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If completed as planned, the deal would represent the largest plane order in the history of Filipino aviation and another big win for Airbus.
One of the fastest-growing low-cost carriers in Asia looks set to get even bigger. On Tuesday, Cebu Pacific said it had signed a preliminary agreement with Airbus for up to 152 new planes. The transaction is valued at $24 billion, although airlines typically receive discounts for such large orders.
If realized, the deal from the Filipino operator would represent the largest aircraft deal in the country's history. Of the 152 planes, up to 102 will be of Airbus’ largest single-aisle jet, the A321neo, with Cebu having o
