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Cebu Pacific receives on Jan. 3, 2024 the first of the two A320ceo aircraft under its damp lease agreement with Bulgaria Air to strengthen the former’s fleet and meet the continued rise in passenger demand. The aircraft has a 180-seat capacity and will fly passengers on selected flights from Manila to Cebu and Davao from January to April 2024. Damp leasing is an agreement between two airlines, where the lessor provides an aircraft, crew maintenance and insurance (ACMI) to the lessee.