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MANILA, Philippines — Gokongwei-led Cebu Pacific has secured two new Airbus A320neo aircraft through a loan from BDO Unibank Inc., as the low-cost carrier continues grow its fleet to support growing demand for air travel.
In a statement on Tuesday, BDO said the deal will support Cebu Pacific’s fleet modernization and sustainability goals with more fuel efficient A320neo aircraft.
READ: Airbus wins Cebu Pacific 152-aircraft purchase order worth $24B
“We are pleased to support Cebu Pacific in this milestone investment,” said BDO executive vice president Charles Rodriguez. “As a trusted financial partner, BDO continues to provide financing solutions that help businesses scale, strengthen operations and advance their sustainability objectives.”
