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Cebu Pacific Airlines announced negotiations with Airbus and Boeing for orders worth at least $18 billion for 150 aircraft

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On January 6th, Alexander Lao, President of Cebu Pacific Airlines, a low-cost airline in the Philippines, announced that the company is in talks with Airbus and Boeing for an order of 150 aircraft worth at least $18 billion. Alexander Law stated that the company hopes to place orders in the first half of this year, and this negotiation process is still ongoing.
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