{"id":332931,"date":"2025-06-18T23:59:00","date_gmt":"2025-06-18T15:59:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=332931"},"modified":"2025-06-19T00:01:11","modified_gmt":"2025-06-18T16:01:11","slug":"trade-the-news-ceb-inks-engine-maintenance-deal-with-pratt-whitney","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-ceb-inks-engine-maintenance-deal-with-pratt-whitney\/","title":{"rendered":"Trade the News: CEB inks engine maintenance deal with Pratt & Whitney"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>NEUTRAL on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>Cebu Air Inc.<\/td><\/tr>
Stock Code<\/strong><\/td>CEB<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 47.08<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Cebu Pacific (CEB), operated by Cebu Air, Inc., has signed a 12-year engine maintenance agreement with American aerospace manufacturer Pratt & Whitney to support the optimization of its expanding fleet.<\/p>\n\n\n\n

In a stock exchange disclosure on Tuesday, the airline said the long-term agreement covers comprehensive support for its fleet of geared turbofan (GTF) engines, including those ordered under its 152-aircraft purchase last year.<\/p>\n\n\n\n

\u201cThe agreement reflects our ongoing collaboration with Cebu Pacific to optimize the reliability and efficiency of their fleet,\u201d Pratt & Whitney President of Commercial Engines Rick Deurloo said.<\/p>\n\n\n\n

Pratt & Whitney, a subsidiary of global aerospace and defense company RTX Corp., provides fleet management programs that allow airlines to access technical expertise, fleet data, and business intelligence.<\/p>\n\n\n\n

\u201cThe GTF engine has enabled up to 20% reduction in fuel burn compared to previous-generation engines \u2014 translating into meaningful savings in fuel efficiency, lower emissions and reduced operating costs,\u201d Cebu Pacific Chief Executive Officer Michael B. Szucs said.<\/p>\n\n\n\n

Maintaining the performance and efficiency of its fleet remains the company\u2019s top priority, Mr. Szucs said, adding that its partnership with Pratt & Whitney will enhance Cebu Pacific\u2019s capability to scale up sustainability.<\/p>\n\n\n\n

Cebu Pacific currently operates 56 aircraft powered by Pratt & Whitney engines.<\/p>\n\n\n\n

In a separate disclosure on Tuesday, Cebu Pacific said it signed an agreement with Lufthansa Systems for the implementation of operations control and crew management solutions from the NetLine suite.<\/p>\n\n\n\n

Lufthansa Systems\u2019 NetLine provides an integrated planning and operations platform for airlines, allowing for optimized resource utilization.<\/p>\n\n\n\n

\u201cThe NetLine suite from Lufthansa Systems was chosen for its advanced capabilities in flight operations, crew planning, rostering, and real-time disruption management,\u201d Cebu Pacific said, adding that the operations control system processes data on weather conditions, airspace constraints, and aircraft performance.<\/p>\n\n\n\n

The system allows the airline to alert its operations control team on potential disruptions and implement mitigating measures.<\/p>\n\n\n\n

\u201cThis partnership is central to enabling the scaling of our operations. We\u2019re investing in the internal infrastructure with world-class systems that will enhance safety, operational resilience, efficiency and crew wellbeing as we grow our fleet and expand our network across the region,\u201d Mr. Szucs said.<\/p>\n\n\n\n

(News Source: Business World<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-332931","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=332931"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332931\/revisions"}],"predecessor-version":[{"id":332933,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332931\/revisions\/332933"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=332931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=332931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=332931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}