The Philippines's leading low-cost airline Cebu Pacific signed a Memorandum of Understanding (MOU) order of up to 31 different Airbus NEO aircraft. This order consists of 16 Airbus A330-900NEO, 10 Airbus A321XLR, and 5 Airbus A320NEO. This is on top of their pending order of 28 Airbus A321NEO where 2 have been delivered already, and 9 A320NEO where 1 has been delivered just recently.
On the other hand, all their present Airbus A330-300 and A320-200 will be replaced by the new orders.
Cebu Pacific's A330-900NEO will be the first of its kind to pack 460 seats in a single-class all-economy layout. Their A321XLR will also be the first to have 240 seats and the upcoming A320NEOs will be the first of its kind to have 194 seats in an all-economy single class layout.
NEO is an acronym for New Engine Option. The A330-900NEO makes use of Rolls Royce Trent 7000 engines which delivers between 68,000 to 72,000 lbs of thrust each. The newest version also of this A330 has a range of 13,300kms. This will now give Cebu Pacific the capability to fly non-stop to the United States west coast but flying transpacific is not really the main reason why Cebu Pacific decided to order the wide body jet. Instead, the main reason is to address the problem with congested airports while being able to increase capacity.
The A321XLR is the newest aircraft launched by Airbus, XLR meaning "Extra Long Range". With a rear center tank and additonal center tank, the A321XLR has an increased Maximum Take-Off Weight (MTOW) of 101T and a range of 8,700kms.
Deliveries will begin in 2021. The total amount of this order is at around $6.8-billion.