Cebu Pacific Signs $100-Mil Support Deal

GE Aviation Services has inked a 12-year contract to provide its OnPoint service to maintain and overhaul CFM56-5B engines on Cebu Pacific’s Airbus A320s. The agreement, worth more than $100 million, covers engines on a fleet of 10 recently purchased A320s. The low-fare carrier, a subsidiary of JG Summit Group, has headquarters in Manila, Philippines.
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