flyadeal and Cebu Pacific have signed an MoU to explore joint strategic commercial initiatives.
The agreement covers a wide range of opportunities in commercial cooperation and support in aircraft maintenance and engineering.
The first phase of the MoU will see flyadeal take delivery of two Cebu Pacific Airbus A320 aircraft on a wet-lease arrangement for the upcoming summer peak flying season in the Kingdom of Saudi Arabia. Reciprocally, Cebu Pacific is examining wet- leasing flyadeal A320s during the busy winter period in southeast Asia at the end of the year.
Source: Times Aerospace