Philippine budget airline Cebu Pacific has confirmed media reports that it is in negotiations with Airbus and Boeing about an order for 100 to 150 aircraft. The carrier issued a stock exchange filing on Friday to confirm that media reports on BusinessWorld and other media are correct. The order is for future growth.
Cebu clarifies that it is still in the early stages of discussions and has only issued a formal Request for Proposal (RFP) to Boeing and Airbus. “Issuing the RFP is the first step in a meticulously planned process, which will involve a thorough technical and economic evaluation of Boeing’s and Airbus’ narrowbody aircraft. We would like to emphasize that a firm commitment to purchase aircraft from either manufacturer will only be made at the successful conclusion of such process.” A decision is expected in Q1 next year.
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