Budget airline
Cebu Pacific on Tuesday said it is the country's leading carriers as it flown more passengers for its combined domestic and international operations in the first half of the year.
In a statement, the Gokongwei-led airline said it flew 5,096,887 passengers for combined domestic and international traffic from January to June, or 214,416 passengers more than
Philippine Airlines (PAL).
Cebu Pacific's data was based on the Civil Aeronautics Board (CAB) report covering the period of January to June this year.
PAL carried 4,882,471 passengers; Air Philippines Express flew 667,686; Zest Air, formerly known as Asian Spirit had 623,529 passengers; and Se-air flew 132,638.
For international alone, PAL flown two million passengers, higher than Cebu Pacific's a million international passengers from January to June.
Cebu Pacific said it has successfully maintained its position as the country’s largest national flag carrier.
The budget carrier said it strongly dominated the domestic air travel market in the first-half of the year with a market share of 48.7 percent, and carried 1.2 million passengers more than its closest competitor Philippine Airlines.
Cebu Pacific attributed its remarkable 26 percent international passenger base growth to its robust positions in Asian destinations, such as Osaka, Seoul (Incheon), Singapore, Hong Kong, Shanghai and Macau.
“Our continued expansion in Asia and in the Philippines coupled with our trademark low fares has stimulated travel and tourism. It also enabled affordable and accessible business travel opportunities for many small and medium enterprises. This is proof of our commitment to nation-building in making the Philippines a vibrant investment and tourism destination,†Candice Iyog, Cebu Pacific's vice president for marketing and distribution said.
Iyog said the airline expects to further boost its combined domestic and international traffic in the last quarter of the year as it takes delivery of three brand-new Airbus A320 aircraft.
These aircraft will be used to mount additional flights to Kota Kinabalu, Taipei, Kuala Lumpur, Jakarta and Seoul (Incheon), Iyog said.
The airline currently offers the most number of flights, routes, and destinations from the Philippines to Association of Southeast Asian Nation (ASEAN) region.
Cebu Pacific operates the youngest aircraft fleet in the country with 10 Airbus A319, 11 Airbus A320 and 8 ATR 72-500 aircraft and will take delivery of three brand new A320 aircraft in the last quarter of 2010.
It operates the most extensive network in the country with 33 domestic and 16 international destinations.
From January to June, the airline’s net income amounted to P3.09 billion, up by 55.6 percent from the P1.99 billion in the same period last year.
Revenues reached P14.91 billion, a 30.9 percent increase over last year’s P11.39 billion brought about by an increase in number of passengers mainly as a result of additional flights. (PNA)
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