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Avolon confirms deal for sale and leaseback of four A330neo to Cebu Pacific
April 4th 2024
Lessor Avolon and Cebu Pacific have agreed on the sale and leaseback of four new A330neo. Read More » The first aircraft from the order is scheduled for delivery at the largest airline in the Philippines in late 2024. All deliveries are to be completed in 2026. “These new A330neos underpin our goal of transitioning to a more fuel-efficient fleet and will support our continuing route expansion in and to the Middle East. We appreciate Avolon’s support as we strengthen our position as one of the Asia-Pacific’s leading LCCs,” Cebu Pacific chief strategy officer, Alex Reyes, said. Cebu Pacific has been an Avolon customer since 2012. It has leased five A320ceos, three A320neos and three A330neos from the Dublin-headquartered company.
