• Cebu Pacific orders 16 new aircraft for $673M

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    With option for 10 more ATR72-600s
    AS part of its expansion program, Gokongwei-led budget carrier Cebu Pacific Air has ordered 16 ATR72-600 from ATR, the European turboprop aircraft manufacturer, with an option to acquire 10 more, for a total of $673 million based on current list prices.

    Cebu Pacific and ATR announced the order at the Paris Air Show. The transaction will see Cebu Pacific double its turboprop fleet size, subject to the execution of final purchase documentation.

    ATR aircraft enjoy a high reputation not only for versatility but also for their ability to operate on short runways, which would allow Cebu Pacific to expand its operations to several other airports around the country.

    “We have been operating ATR aircraft since 2008, and they have enabled us to bring safe, reliable, and affordable air transport to smaller cities and islands throughout the Philippines,” said Lance Gokongwei, president and chief executive officer of Cebu Pacific.

    “This order is an affirmation of our commitment to extend the convenience of affordable air travel to even more communities. We are very pleased to be the launch customer of this new configuration of the ATR 72-600, as this will allow us to offer our customers more seats at even lower fares,” he added.

    The ATR 72-600 has a passenger capacity of 68 to 78 seats. Technical specifications include the following: its engine is Pratt & Whitney Canada PW 127M with a maximum take-off power of 2,750 horsepower per engine; maximum take-off weight is 23,000 kg and maximum load is 7,500 kg; and the maximum range when fully loaded is 900 nautical miles or 1,665 km.

    Fleet renewal program
    The order is part of Cebu Pacific’s fleet renewal program. Cebu Pacific currently operates a fleet of eight ATR 72-500 aircraft, which will be retired as the new aircraft enter service. The entry into service of the ATR 72-600 will see Cebu Pacific with new generation aircraft to meet growing demand in the Philippines for inter-island services.

    The ATR 72-600 ordered by Cebu Pacific will be equipped, for the first time, with the high density Armonia cabin, the widest cabin in the turboprop market. It will be equipped with 78 slim-line seats and wider overhead bins with 30 percent more stowage space. These new technological innovations further enhance space and comfort for passengers.

    About 330 ATRs–including more than 100 ATR 72-600s–are currently operated by 55 airlines in the Asia-Pacific region, where for many years now they have been seen as the reference regional aircraft.

    The ATR 72-600 has the lowest cost per seat mile in the 70-seat segment, with significantly lower fuel and maintenance costs compared to similar class aircraft.

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