Cebu Pacific flies 3.74-M passengers in Q1
MANILA, Philippines – Gokongwei-led Cebu Pacific posted a 6 percent passenger growth in the first quarter of the year on the back of seat sales and expansion.
The budget airline said it flew 3.74 million passengers from January to March 2014, a 6 percent jump from the 3.5 million passengers flown in the same period last year.
The first quarter growth was seen in several international tourism and trade markets, such as Indonesia, Japan and China, contributing to foreign tourist arrivals in the country.
Cebu Pacific was recently allowed to mount flights to Europe after the air ban was lifted by the European Union due to the airline’s improved security and safety.
It is also allowed to fly to US following the Category 1 safety rating upgrade.
“With the recent lift of the EU ban and the FAA Category 1 upgrade for the Philippines, Cebu Pacific is in a stronger position to explore the possibility of serving even more of our kababayans and travellers in new markets like Guam, Hawaii, and the EU,” said Cebu Pacific vice president for corporate affairs Atty. Jorenz Tañada.
Cebu Pacific recently launched a daily service between Manila and Tokyo (Narita) and a four times weekly service from Manila to Nagoya in Japan.
The airline is expected to take delivery of 11 more brand-new Airbus A320, 30 Airbus A321neo, and 3 Airbus A330 aircraft in the next seven years.