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Market
Cebu Pacific's market share in the Philippines by end of 2025?
2
Resolution / Starting Odds
Below 50% • 33%
50% to 60% • 33%
Above 60% • 33%
Market analysis reports, aviation industry statistics
Story
Cebu Pacific to Purchase 152 Jets from Airbus in Largest $24 Billion Deal
Jul 2, 2024, 01:30 PM
Cebu Pacific, controlled by billionaire Lance Gokongwei and his family, has signed a binding agreement to purchase 152 jets from Airbus. The deal, valued at approximately $24 billion, represents the largest aircraft order in Philippine aviation history. This significant acquisition underscores Cebu Pacific's expansion plans and commitment to modernizing its fleet.
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