Cebu Pacific, Bax Global sign logistics agreement

Cebu Pacific (CEB) and BAX Global Inc., a US-based logistics company, have signed a twin phase, five-year logistics and materials management contract to support CEB’s growing fleet of Airbus A320 aircraft.

Phase one of the agreement with BAX covers the materials management, airworthiness inspection and warehousing of aircraft parts and components in accordance with local and international aviation standards. Phase two authorizes BAX to handle inventory management for orders, and liaise with aircraft parts vendors to speed up delivery and dispatch components for repair/overhaul to aircraft parts suppliers.

CEB president and CEO Lance Gokongwei said BAX has demonstrated expertise in the demanding aerospace sector. “We are glad to have them on board with us as we beef up our fleet with the most modern aircraft. The partnership will boost our already-strong presence in the domestic sector, and support us as we delve further into the region,” he said.

BAX Global has nearly 500 offices in 133 countries worldwide and arranges the transport of freight overseas and by chartered aircraft and acts as a broker to clear items through customs. It also maintains warehouses and distribution points worldwide.

Steve Dearnly, BAX Global’s President for Asia Pacific, said that the company is pleased to be working with Cebu Pacific to support its domestic and international route expansion plans.

Cebu Pacific recently took delivery of its two brand-new A320 aircraft from Airbus Industrie in Toulouse, France. It is also scheduled to take delivery of a brand-new A319 in September 2005, the first of 12 it has purchased for its complete refleeting program aimed at expanding domestic and regional operations.