Cebu Pacific CEO Update
Cebu Pacific CEO Mike Szucs discusses the airline’s decision to cut long haul flights to the Middle East and redeploy A330s on regional routes as well as the decision to shelve consideration of new generation widebody aircraft to launch long haul flights to North America. The redeployment of the A330s has enabled Cebu Pacific to accelerate growth in the domestic market, where it is starting to regain market share, and in the regional international market. The delivery of seven A321ceos in 2018 will enable Cebu Pacific to continue domestic and regional expansion while also potentially freeing up A330s for a resumption of long haul expansion, starting with the possible launch of Melbourne. A321neos will arrive from the end of 2018 and used on longer regional routes.