Cebu Pacific to lease an A320neo to Vietnam Airlines

Cebu Pacific will lend one of its Airbus A320neo aircraft to Vietnam Airlines between July and September.

The Philippine-based budget carrier announced in a statemented issued on July 16 it will deploy the A320neo to Vietnam Airlines between July 15 through September 7. During the period, it will be stationed at Ho Chi Minh City’s Tan Son Nhat International Airport with Cebu Pacific providing pilots and cabin crew to operate domestic routes within the county such as to Cam Ranh, Phu Quoc, Vinh, and Da Nang.

According to Cebu Pacific, the agreement will allow the airline to exploit shifting seasonal demand dynamics in Southeast Asia, maintaining asset utilization during the slower rainy season in its home market.

“Vietnam and the broader Southeast Asian market continue to see strong growth in air travel, creating opportunities for airlines to collaborate more closely,” Mark Cezar, Cebu Pacific chief financial officer, said.

“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,” Cezar added.

Cebu Pacific’s previous aircraft leasing experience includes a damp lease of two Airbus A320ceo aircraft to Bulgaria Air in 2023. The cabin crew was not included in that agreement. Two A320 aircraft were leased in 2025 to Saudi Arabian low cost carrier flyadeal to support its peak summer operations.