Philippines' Cebu Pacific says to buy up to 152 Airbus planes worth $24 bn

Philippine carrier Cebu Pacific said Tuesday it will buy up to 152 Airbus planes worth $24 billion in a deal it described as the "largest aircraft order" in the country's aviation history.

"The order is designed to provide Cebu Pacific with maximum flexibility to adapt fleet growth to market conditions, with the ability to switch between the A321neo and A320neo," Cebu Pacific chief executive Michael Szucs said in a statement.

AFP