Cebu Pacific and Airbus sign historic MOU for up to 152 aircraft

Cebu Pacific (CEB), the Philippines' leading carrier, has signed a binding memorandum of understanding (MOU) with Airbus for the purchase of up to 152 A321neo aircraft for US$24 billion (PHP 1.4 trillion) based on list prices, marking the largest aircraft order in Philippine aviation history.

CEB has selected Pratt & Whitney GTF