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Cebu Pacific to lease four A330-300s for planned long-haul flights

22-Feb-12, 3:33 PM | Llewelyn Sanchez, InterAksyon.com

InterAksyon.com
The online news portal of TV5

MANILA, Philippines – The operator of Cebu Pacific plans to lease four new Airbus aircraft from a unit of CIT Group Inc.

In a statement, Cebu Air Inc. (CEB) said it signed operating lease agreements with CIT Aerospace for the four new A330-300 aircraft.

The new aircraft, which will arrive anytime from 2013 to 2014, will be used for Cebu Pacific’s plan to mount long-haul flights in the third quarter of 2013.

 “These Airbus A330-300 aircraft will allow us to offer our trademark low fares to an even wider market. With the introduction of wide-body aircraft into our fleet, we could offer non-stop services into Australia, India, the Middle East and parts of Europe and the US,” said Alex Reyes, CEB general manager for the long haul division.