Cebu Pacific is bracing for the lean travel season in the Philippines by deploying one of its Airbus A320neo aircraft, complete with its pilots and cabin crew, to Vietnam Airlines under a short-term lease agreement.

This agreement leverages the Gokongwei-led budget carrier’s 100-aircraft fleet and opens a new revenue stream by deploying capacity to other airlines rather than launching or expanding its own routes during periods of softer demand in the Philippines.

Under a wet lease, the aircraft owner provides not only the plane but also the cockpit and cabin crew.