At last an alternative is coming for people travelling direct to Manila and are dissatisfied with PAL or QANTAS.
From BusinessWorld Philippines
February 22, 2012
Cebu Pacific signs lease for long-haul aircraft
Candice A. Iyog, Cebu Pacific vice-president for sales and distribution, in a text message, said the deal was made on Feb. 20, but she declined to disclose the amount of the leasing agreement with CIT Aerospace, a unit of CIT Group.
“These Airbus A330-300 aircraft will allow us to offer our trademark low fares to an even wider market. With the introduction of wide-body aircraft into our fleet, we could offer non-stop services into Australia, India, the Middle East and parts of Europe and the United States,” Alex B. Reyes, Cebu Air general manager for the long-haul division, said in a statement.
Ms. Iyog, however, declined to divulge the priority routes.
“Once we receive the necessary regulatory approvals and we are ready to sell, we will announce the routes,” she said in text message. “We are, however, looking at destinations with large overseas Filipinos.”
She also said that the company is confident that the “Category 2” assigned by US Federal Aviation Authority (FAA) to the country will be lifted soon.
“[Once] lifted, this would help open up more options, specifically the US, for the airline,” she said.
The US FAA downgraded the Philippines to “Category 2” from “Category 1” in 2008, preventing Philippine carriers from expanding operations in the US.
“We are confident that the government and Philippine carriers are taking all necessary actions to lift the Category 2 status in the soonest possible time,” she added.
Shares of Cebu Air slid by 3.56% to P70.50 apiece yesterday. — Cliff Harvey C. Venzon