The Philippines' airline, Cebu Pacific Air, has ordered 16 ATR72 -600 from ATR, the European Turboprop aircraft manufacturer. At the Paris Air Show, Cebu Pacific and ATR announced that the deal includes options to acquire an additional 10 ATR72-600, valuing the total aircraft order at US$673 million, based on current list prices.
The order is part of Cebu Pacific's fleet renewal program. Cebu Pacific currently operates a fleet of eight ATR 72-500 aircraft, which will be retired as the new aircraft enter service. The entry into service of the ATR 72-600 will see Cebu Pacific double its Turboprop fleet with new generation aircraft to meet growing demand in the Philippines for inter-island service.
On their new order from ATR, Lance Y. Gokongwei, President and CEO of Cebu Pacific states: "We have been operating ATR aircraft since 2008, and they have enabled us to bring safe, reliable, and affordable air transport to smaller cities and islands throughout the Philippines. This order is an affirmation of our commitment to extend the convenience of affordable air travel to even more communities. We are very pleased to be the launch customer of this new configuration of the ATR 72-600, as this will allow us to offer our customers more seats at even lower fares.”