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The Philippines’ largest flag carrier, Cebu Pacific is the largest airline in terms of seat capacity operating to, from and within the Philippines, according to a Centre for Asia Pacific Aviation (CAPA) article released recently.
CAPA named the top 10 carriers in the Philippines by capacity, or seats per week based on August 22-28, 2011 CAPA and Innovata data. CEB offers 258,120 seats, with its fleet of 100% brand-new 8 ATR 72-500, 10 Airbus A319 and 15 Airbus A320 aircraft. This is at least 30,000 more seats than other airlines operating in the country.
“CEB is now the largest airline operating to, from and within the Philippines, based on not only the number of domestic and international passengers flown, but also total domestic and international seat capacity,” said CEB VP for Marketing and Distribution Candice Iyog.
The airline operates a total of 73 flights weekly to Shanghai, Beijing, Guangzhou, Hong Kong and Macau. It earlier reported flying more than 555,000 passengers between the Philippines and Greater China in the first half of 2011, posting a 16% year-on-year growth.
“Our 1st half 2011 profit figures remain in the black despite high fuel costs earlier this year, a feat we owe to reduced operational costs and higher ancillary revenue. CEB will continue to grow its domestic and international operations for the benefit of more passengers,” she added.
CEB ranked fifth most profitable leading value airline in the world, according to Air Transport World’s World Airline Report last July 2011.
It is set to open its 50th destination Tawi-Tawi, and launch its newest domestic route Cagayan de Oro to Iloilo in October. This is in time with the delivery of four more brand-new Airbus A320 aircraft in the last four months of 2011.
Between 2012 and 2021, Cebu Pacific will take delivery of 23 Airbus A320 and 30 Airbus A321neo aircraft orders, and 2 Airbus A320 aircraft on operating lease agreements.
Tatiana is the news co-ordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes to monitor the hundrends of news sources of TravelDailyNews Media Network and skim the most important according to our strategy. She holds a Bachelor degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
