• CebuPac most prefered PH airline in 2014 – CAB

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    The Civil Aeronautics Board (CAB) said Cebu Pacific carried a total of 11.08 million passengers in 2014, making it the preferred airlines in the country last year.

    It said the domestic passenger traffic was flat at 20.35 million in 2014, which was slightly higher than the 20.33 million passengers in the previous year.

    PAL Express was a poor second with 5.13 million passengers; AirAsia, 283,896; AirAsia Zest, 1.69 million; Philippine Airlines, 793,512; Tiger Airways, 1.30 million; Island Transvoyer, 64,692; SEAIR Int’l, 2,012 and Magnum Air, 936.

    Cebu Pacific reported a core net income of P 3.3 billion, up 77 percent compared to the previous year, on the back of notable improvement in both revenues and operating expenses.

    The carrier’s total revenues grew 27 percent to P52 billion, driven by sustained demand for air travel and entry to new markets such as Japan, Middle East and Australia.

    The airline carried 16.9 million passengers in 2014, 17.5 percent more than the 14.4 million passengers flown in 2013.

    Currently, it operates a fleet of 55 aircraft comprised of 10 Airbus A319, 31 Airbus A320, 6 Airbus A330 and 8 ATR 72-500 aircraft.

    Cebu Pacific’s fleet is one of the youngest in the world, with an average age of 4.43 years. Between 2015 and 2021, it will take delivery of seven more brand-new Airbus A320 and 30 Airbus A321neo aircraft.

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