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Cebu Pacific Signs US$280m Contract for Rolls-Royce TotalCare

Travel News Asia Latest Travel News Podcasts Videos Thursday, 7 June 2012
 

Cebu Pacific has formally signed a contract with Rolls-Royce to provide long-term TotalCare service support for its Trent 700 engines on up to eight Airbus A330 aircraft.

The contract is worth up to $280m. President of the Philippines, Benigno S. Aquino III, witnessed the contract signing during an official visit to the UK.

At the signing, Lance Y. Gokongwei, President and Chief Executive Officer, Cebu Pacific, said, “We are delighted to sign this contract with TotalCare for our Airbus A330s. CEB's fleet expansion will enable us to launch long-haul operations and serve markets outside Asia Pacific, including those in Europe, the Middle East, Oceania and the United States. The level of support offered by Rolls-Royce through the TotalCare package will further enhance our operations.” 

Cebu Pacific first announced the intention to select TotalCare in February 2012. The company will use the leased A330s to begin long-haul operations in the second half of 2013 and these aircraft will represent the first Trent engines in the carrier’s fleet.

CEB currently operates 10 Airbus A319, 20 Airbus A320 and 8 ATR-72 500 aircraft. Its fleet of 38 aircraft has an average age of 3.6 years. Between 2012 and 2021, Cebu Pacific will take delivery of 22 more Airbus A320 and 30 Airbus A321neo aircraft orders.

See other recent news regarding: Travel News Asia, Interviews, Pictures, Sports Tourism, Videos, Cebu Pacific, TotalCare, Rolls-Royce, Philippines, Trent Engines

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