Philippines' Cebu Pacific eyes purchase of 100-150 aircraft for up to $12 billion
© Reuters. FILE PHOTO: Cebu Pacific passenger jets are pictured at the tarmac of Terminal 3 at the Ninoy Aquino International aiport in Pasay city, Metro Manila Philippines April 1, 2016. REUTERS/Erik De Castro/File PhotoAirlines typically get discounts on big orders worth at least half the headline price, analysts say.
It will solicit proposals from the two airline manufacturers by the end of this week, Inquirer said, quoting CEO Mike Szucs. Lao did It is gearing up for a long-term fleet expansion to take advantage of post-pandemic travel demand. It has so far accepted 12 aircraft this year, and will receive seven more before the end-2023.
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