Cebu Pacific has placed a firm order for 70 A321neo aircraft on October 2, 2024. The order finalises a memorandum of understanding (MoU) made in July 2024. The purchase agreement was signed in Manila by Cebu Pacific CEO Mike Szucs and Airbus EVP sales of commercial aircraft Benoît de Saint-Exupéry. The MoU was signed at the Farnborough International Airshow, signing for a purchase of up to A321neo aircraft for an estimated value of $24bn based on list prices. The MoU covered firm orders for up to 102 A321neo aircraft, plus 50 A320neo family purchase rights. The airline had selected the

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