Cebu Pacific Expands CFM56-5B-Powered Airbus Fleet; Places $155 Million Engine Order

Cebu Pacific has selected CFM International's CFM56-5B engine to power 10 new Airbus A320 aircraft in a firm engine order valued at approximately $155 million U.S., including spare engines. The airline is scheduled to take its first aircraft in October 2010, with deliveries continuing through November 2013.

CEB, the leading low cost airline in the Philippines and the third largest LCC in Asia, operates flights to 46 domestic and international destinations. It also offers the most flights to the ASEAN region from the Philippines with operational hubs in Manila, Cebu and Clark. CEB continues to show leadership in innovation and technology. It was the first local airline to introduce E-ticketing, pre-paid excess baggage, and seat selection in the Philippines.

By selecting the CFM56-5B Tech Insertion configuration, Cebu Pacific continues to take steps in reducing its operating costs. Over the engine's life cycle, CFM56 Tech Insertion will provide the airline better specific fuel consumption, which translates to better fuel burn and, as a result, lower CO2 emissions. The engine also meets the new International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) that took effect in early 2008