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Cebu Pacific expands fleet with two new Airbus A320neo Aircraft through BDO financing

 

Supporting strategic investments. BDO Capital and BDO Unibank representatives join Cebu Pacific executives during a ceremonial partnership event. From left are Bambi Billano, first vice president and head of corporate finance at BDO Capital; Sophie Ong, senior vice president and department head of corporate banking at BDO Unibank; Ed Francisco, president of BDO Capital; Charles Rodriguez, executive vice president and group head of Institutional Banking at BDO Unibank; Michael Szucs, chief executive officer of Cebu Pacific; Alexander Lao, president and chief commercial officer of Cebu Pacific; and Mark Julius Cezar, chief financial officer of Cebu Pacific.

 

Filipino travelers can expect greater flight capacity and improved connectivity as Cebu Pacific adds two new Airbus A320neo aircraft to its fleet through financing support from BDO Unibank Inc. (BDO).

The new aircraft will help Cebu Pacific meet growing demand for air travel, provide more flight options for passengers and support the continued expansion of domestic and regional connectivity. The investment reinforces the airline’s commitment to making air travel more accessible while strengthening its position as the country’s leading low-cost carrier.

BDO provided financing for the acquisition, underscoring its commitment to supporting strategic investments that drive economic activity and help businesses expand in high-growth sectors.

The fleet expansion also advances Cebu Pacific’s sustainability goals. The Airbus A320neo offers improved fuel efficiency, lower carbon emissions and reduced noise levels compared with previous-generation aircraft, supporting more environmentally responsible operations.

“BDO remains committed to supporting strategic investments that enable our clients to grow and adapt in a dynamic environment,” said Ed Francisco, president and CEO of BDO Capital. “Our partnership with Cebu Pacific reflects our confidence in the aviation sector’s continued recovery and long-term potential.”

“We are pleased to support Cebu Pacific in this milestone investment,” said Charles Rodriguez, executive vice president and head of the Institutional Banking Group at BDO Unibank. “As a trusted financial partner, BDO continues to provide financing solutions that help businesses scale, strengthen operations and advance their sustainability objectives.”

“We value BDO’s continued support as we strengthen our operations and expand our fleet,” said Mark Cezar, chief financial officer of Cebu Pacific. “These new aircraft will enable us to better serve our passengers while advancing our long-term growth and sustainability goals.”

BDO served as the sole lender for the transaction, highlighting its longstanding relationship with Cebu Pacific and its capability to support large-scale financing requirements for strategic capital investments.

The transaction reflects the strong partnership between BDO and Cebu Pacific in supporting industry growth, enhancing connectivity, and enabling greater mobility for Filipinos.

 

Financing sustainability goals. Airbus A320neo aircraft financed by BDO to support Cebu Pacific's fleet expansion and growth. Photo courtesy of Drew Tapican/Cebu Pacific.