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Cebu Pacific sends airplanes to Australia for storage amid low travel demand

Cebu Pacific has sent 8 of its aircraft for storage at Alice Springs in Australia amid the low demand of air travel due to the coronavirus pandemic.

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So far, 8 aircraft are being sent for storage which include two (2) Airbus A330-300, one (1) A321neo, and five (5) A321ceo. It is still unsure if this would be a short-term storage.

Two to three years until pre-covid travel demand

Forecasts by airlines have it that it may take 2 to 3 years before air travel demand once again reach pre-pandemic numbers, hence, the reason for airlines to downsize in order to reduce costs. Presently, airlines in the Philippines are only using about 15% to 30% of its actual capacity. 

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Cebu Pacific has a total of 75 aircraft in its fleet including that of subsidiary CebGo. The airline also has an order of 55 more aircraft, however, there may be changes to these numbers as a response to the current crisis.

Attribution: Click by Kit, Airfleets

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