Cebu Pacific passenger volume up 8 pct in 2013

Posted at 01/20/14 6:44 PM

MANILA, Philippines – Budget airline Cebu Pacific saw an increase of 8.3 percent in its passenger volume in 2013 compared to 2012.

Data released by the airline showed that it flew 14.35 million passengers in 2013 or 1.1 million more than the 13.25 million passengers in 2012.

However, the figure missed the target of 15 million passengers for 2013.

Cebu Pacific served 11.04 million domestic passengers in 2013 or 7.6 percent higher than the 10.26 million it served in 2012.

International passenger volume also rose to 3.31 million last year or 10.7 percent higher than 2012’s 2.89 million.

The airline's seat capacity also jumped 9.2 percent to 17.52 million seats after acquiring brand new aircraft bringing its fleet to 48 Airbus aircraft.

The airline said it is expecting 8 Airbus jets to be delivered in 2014 as it prepares to launch more long-haul flights.

The Gokongwei-owned Cebu Pacific recently agreed to buy Tigerair Philippines for $15-million (around P665 million).