Cebu Pacific Increases Passenger Traffic by 89%
Cebu Pacific Air | Jun. 08, 2007
Cebu Pacific (CEB) registered an 89 percent growth in passenger traffic over the past 12 months ending May 31, 2007.
CEB's total passenger carriage rose from 2,385,610 for the period of June 2005 to May 2006 to 4,505,140 for the period of June 2006 to May 2007. Domestic traffic grew by 68% from 2,279,348 to 3,831,093 for the same period. Its international operation grew by 534% from 106,262 to 674,047 guests.
Candice Iyog, CEB VP for Marketing and Product announced, "We are very happy to see that we've been giving more people the opportunity to travel by air with our very low fares and our continued domestic and international expansion."
"We are very proud to be one of the fastest growing airlines in the world. With our recently announced fleet expansion, we will continue to grow rapidly. This is good for the Filipino traveler, the country's tourism agenda, and the economy as a whole," she added.
CEB's domestic seat capacity grew 50 percent for the same period versus the previous year.
CEB also carried close to 520,000 passengers for May, the highest the airline has ever carried since it started operation in 1996.
Iyog added that with the arrival of another Airbus aircraft later this year, CEB will be able to add more capacity into its network and offer more seats at lower fares.
CEB is expecting to carry more than 5 million passengers this year and 10 million by 2013.
CEB currently has 14 Airbus aircraft and is acquiring up to 20 more. It has also recently placed an order for up to 14 ATR 72-500 aircraft with the delivery of the first two in early 2008. If all orders and options are taken, CEB expects to operate a fleet of 46 aircraft by 2013.