European aircraft manufacturer Airbus is selling 16 long-haul aircraft to Philippine low-cost carrier Cebu Air.
This is the A330 Neo model that will be used on flights to Australia and the Middle East, among other places, when Cebu tries to expand and replace planes with more fuel-efficient variants.
According to the list price, the aircraft are worth $4.8 billion, almost 46 billion kronor.
Source: TT
