Cebu approached RRPF with a need for widebody spare engine financing to bolster their flying fleet. Our deep understanding of Cebu, developed through years of close collaboration, meant that we saw an opportunity to help Cebu go even further.
That year, we agreed a complex sale and leaseback transaction involving four
Pratt & Whitney PW1100G engines and four Rolls-Royce Trent 7000 engines. Through creative structuring of the financing, we were able to deliver a comprehensive solution that met their immediate and medium-term spare engine financing needs.
Our partnership with Cebu unlocked vital capital for the airline while ensuring access to engine assets to keep Cebu flying, as well as optimising financial outcomes by enabling greater profit recognition and lower lease rental costs. The transaction not only secured operational continuity for the airline but also reinforced their growth trajectory in a highly competitive market.
Our work with Cebu reflects our role as a trusted partner deeply attuned to our customers’ challenges and our commitment to delivering innovative financing solutions that empower airlines to manage their fleets with confidence.
“Cebu Pacific values our long-standing partnership with Rolls-Royce & Partners Finance. We appreciate RRPF’s willingness to develop bespoke transaction structures in order to accommodate our specific requirements. We thank RRPF for their continued trust and support to Cebu Pacific and look forward to more years of fruitful collaboration.”
Mark Cezar, Chief Finance Officer at Cebu Pacific
