Intrepid Delivers One New Airbus A330-300 to Cebu Pacific Air
STAMFORD, Conn.--(BUSINESS WIRE)--Intrepid Aviation today announced the delivery of one new Airbus A330-300 to Cebu Pacific Air. The aircraft is equipped with Rolls Royce Trent 772B-60 engines and is subject to a long-term lease to the Philippines based carrier. This marks the first aircraft to be delivered to Cebu Pacific on lease from Intrepid Aviation.
“Cebu Pacific Air is glad to be partnering with Intrepid Aviation. The availability of Intrepid’s A330 allows us to add new destinations and execute on our long haul, low cost business plan. We look forward to working closely with Intrepid, as we expand Cebu Pacific’s network”
“With this delivery, the A330 aircraft once again demonstrates its economic and operational versatility as Cebu Pacific will be operating the aircraft in a high density 436 seat configuration on long haul routes.” says Colin Bole, Intrepid’s Chief Commercial Officer. “We are delighted to be adding Cebu Pacific to our customer base”.
“Cebu Pacific Air is glad to be partnering with Intrepid Aviation. The availability of Intrepid’s A330 allows us to add new destinations and execute on our long haul, low cost business plan. We look forward to working closely with Intrepid, as we expand Cebu Pacific’s network,” says Alex Reyes, General Manager, Long Haul Division – Cebu Pacific Air.
ABOUT INTREPID AVIATION
Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine widebody equipment, such as the Boeing 787, 777 and the Airbus A330 aircraft.
ABOUT INTREPID AVIATION’S SHAREHOLDERS, RESERVOIR CAPITAL & CENTERBRIDGE PARTNERS
Reservoir Capital Group LLC. was established in 1998 as a privately held investment firm with a flexible, opportunistic investment approach and has approximately $7 billion in assets under management. – Centerbridge Partners, LP. is a private investment firm headquartered in New York City with approximately $20 billion in capital under management.
For more information on Intrepid Aviation, www.intrepidaviation.com