Cebu Pacific, Rolls-Royce in $280-M deal for long-haul planes

Rappler.com
The Gokongwei-led budget carrier is moving forward with its plans to mount flights outside its current route network in the Philippines and Southeast Asia

LONDON TALKS. President Aquino meets with officials of Cebu Pacific and Rolls-Royce in London. Photo by Finance Secretary Cesar Purisima

MANILA, Philippines – The Gokongwei-led budget carrier is moving forward with its plans to mount flights outside its current route network in the Philippines and Southeast Asia.  

On Tuesday evening, June 5, Malacañang said in a statement that President Aquino witnessed the signing of a memorandum of understanding between Rolls-Royce and Cebu Pacific for a deal that helps the budget carrier prepare its fleet for long haul flights.

The $280-million deal provides for a long-term TotalCare® service support by Rolls-Royce for Cebu Pacific’s new Trent 700 engines for up to 8 leased Airbus aircraft.

These are the aircraft that Cebu Pacific will use to launch long-haul operations in the second half of 2013.

Cebu Pacific had previously said they are eyeing to add Europe, Middle East, Australia, and other destinations that are more than the traditional 4-hour-long short-haul destinations that Cebu Pacific already flies to.

Why Rolls Royce

Gokongwei said they are delighted to sign this contract with TotalCare today for the carrier’s Airbus A330s especially with its fleet expansion.

“It 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,” he added.

The Trent 700, the only engine specifically designed for the A330, is the market leader for the aircraft, with more than 1,400 in service or on order. More than 90% of Trent engine operators have selected TotalCare support.

Rolls-Royce Senior Vice President for Customers Civil Aerospace Bruce Blythe said they welcome Cebu Pacific to the TotalCare family of operators and look forward to supporting the airline in the next phase of the carrier’s growth.

“Our ability to evaluate Trent engine data from the worldwide fleet and work with each customer to plan maintenance activities will significantly help Cebu Pacific to meet the airline’s operational and financial goals,” he said.

Cebu Pacific fleet

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.

It has a fleet of 38 aircraft that 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 A321 new aircraft orders. – Rappler.com

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