Why Airlines Don’t Own Their Engines @BehindAsia
Why Airlines Don’t Own Their Engines  @BehindAsia
Uploaded January 2026 | Updated September 2026, 17 minutes ago
For a budget airline like Cebu Pacific, owning an engine is a liability. Engines are the most complex, expensive, and temperamental parts of the plane. Instead of buying them, LCCs often rent them through "Power by the Hour" (PBH) or EngineWise contracts. They pay for every hour the engine is spinning, turning a massive capital risk into a predictable subscription service. But as Cebu Pacific learned in 2024 and 2025, when a manufacturing flaw ground your fleet, the subscription model doesn't stop the bleeding.

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Why Airlines Don’t Own Their Engines

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