11
Feb
Philippine Airlines and Cebu Pacific Accelerate Aviation Decarbonisation with Fleet Investments, Sustainability‑Linked Finance and Technology
Philippine Airlines and Cebu Pacific Accelerate Aviation Decarbonisation with Fleet Investments, Sustainability‑Linked Finance and Technology Philippine carriers are stepping up decarbonisation initiatives as climate pressures and regulatory expectations grow in the aviation sector. Cebu Pacific, the country’s largest low‑cost airline, made regional history by securing Southeast Asia’s first sustainability‑linked aircraft loan, enabling the acquisition of an Airbus A321neo with improved fuel efficiency that supports its target to transition to an all‑new engine option (NEO) fleet by 2028. This sustainable financing strategy forms part of a broader industry response that combines massive...