BUDGET carrier Cebu Pacific will lower its fleet growth rate for 2024, according to its listed operator Cebu Air, Inc., as engine maker Pratt and Whitney (P&W) inspects A320/321 NEO aircraft engines worldwide following suspected issues.
The company expects that “a number” of its aircraft will be affected next year. As such, “the growth rate for 2024 will be revised downwards,” Cebu Air said in a disclosure to the stock exchange on Friday.
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