Cebu Pacific places $4.8 bn Airbus order

The Philippines’ largest budget airline Cebu Air Inc has ordered 16 Airbus planes worth US$4.8 billion, the carrier said Monday, as it aims to expand carrying capacity with larger, more fuel-efficient jets. Cebu Air, commonly referred to as Cebu Pacific, said it sees the long-range A330neo jetliner as key to lowering its per-seat costs and […]