Cebu Pacific places an order for 16 ATR 72-600s

Cebu Pacific Air (CEB) ordered 16 ATR72 -600 from ATR, the European Turboprop aircraft manufacturer. Cebu Pacific and ATR announced that the deal includes options to acquire an additional 10 ATR72-600, valuing the total aircraft order at US$673m, based on current list prices. 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 double its Turboprop fleet with new generation aircraft to meet growing demand in the Philippines for inter-island service. ATR aircraft enjoy a high reputation not only for versatility but also for their ability to operate on short runways. This will allow Cebu Pacific to expand its operations not only on main airports but also to several other airports around the country, enabling Cebu Pacific to continue to play a leading role in the development of regional transport, tourism, and local economy in the Philippines.