Intrepid Aviation delivered one new Airbus A330-300 to Cebu Pacific Air. The aircraft is equipped with Rolls Royce Trent 772B-60 engines and is subject to a long-term lease to the Philippines based carrier. This marks the first aircraft to be delivered to Cebu Pacific on lease from Intrepid Aviation. Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine widebody equipment, such as the Boeing 787, 777 and the Airbus A330 aircraft.