In a statement released on Friday, Cebu Pacific said it took delivery of a new ATR 72-600 on Feb. 28, bringing the budget carrier’s current fleet to 59 planes. It was the fourth of the 16 firm orders Cebu Pacific made last year.
The arrival of the new ATR 72-600 will serve wholly owned unit Cebgo’s new flights from Cagayan de Oro to Tagbilaran and Bacolod starting on March 15.
“We are eager to receive this year another addition to our ATR fleet, supporting our expansion plans in the archipelago,” Cebgo President and CEO Alexander G. Lao was quoted in the statement as saying.
Between 2017 and 2021, Cebu Pacific expects the delivery of one more brand-new Airbus A330, 32 Airbus A321neo, and 12 ATR 72-600 aircraft.
Listed Cebu Air, Inc., which operates Cebu Pacific, offers flights to 37 domestic and 29 international destinations.
Shares in Cebu Air fell by P1.95 or 2.10% to close at P90.95 each on Friday.