Philippine budget carrier Cebu Pacific Air has renewed its long-term partnership with HAECO ITM Limited for component maintenance, repair and operations (MRO) support to the carrier’s A330-300 fleet.
The five-year contract extension encompasses inventory technical management support, component pooling, component engineering, and stores and logistics management in Manila, as well as main base kit services and aircraft on ground (AOG) support.
Cebu Pacific currently has a fleet of eight Airbus A330-300 aircraft, used for its long-haul flights as well as high-traffic domestic and international routes.
“We are very happy to be able to extend this agreement with Cebu Pacific. HAECO ITM has established a strong relationship with Cebu Pacific through our high operational performance over the past five years. We will continue to support Cebu Pacific with the same high level of service delivery for the A330-300 fleet, and to continuously work on further improvements,” HAECO ITM executive general manager Daniel Stromski said in a statement.
Cebu Pacific has one of the youngest fleets in the world, with a total of 67 aircraft having an average age of five years. The airline’s fleet is comprised of 36 Airbus A320, five Airbus A321ceo (Current Engine Option), eight Airbus A330, eight ATR 72-500, and 10 ATR 72-600 aircraft.
Between 2018 and 2022, Cebu Pacific expects delivery of two more A321ceo, five Airbus A320neo (New Engine Option), 32 Airbus A321neo, and six ATR 72-600 aircraft.
Based in Hong Kong, HAECO ITM specializes in component provision as well as inventory and supply chain management. It provides inventory technical management solutions ranging from full-fledged power-by-the-hour inventory management to one-off loans, exchanges, and AOG support.
