Cebu Pacific Wet Leases Airbus A320neo to Vietnam Airlines

Cebu Pacific has entered into a wet lease agreement with Vietnam Airlines covering one Airbus A320neo powered by Pratt & Whitney engines during the peak summer travel season.

From July 15 to September 7, 2026, the aircraft will be based in Ho Chi Minh City and operated by Cebu Pacific flight and cabin crews on domestic services to Cam Ranh, Phu Quoc, Vinh and Da Nang.

Mark Cezar, Chief Financial Officer of Cebu Pacific, said: “Vietnam and the broader Southeast Asian market continue to see strong growth in air travel, creating opportunities for airlines to collaborate more closely in meeting demand. As Cebu Pacific’s fleet continues to expand, we are well positioned to deploy our capacity where it is needed most, including through strategic wet lease partnerships during periods of lower demand in the Philippines.”

The agreement builds on Cebu Pacific’s growing wet lease business, following previous aircraft leasing arrangements with Bulgaria Air and Saudi Arabian low-cost carrier flyadeal.