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Thursday, January 25, 2007

 

Cebu Pacific expects doubling of traffic

By Darwin G. Amojelar, Reporter

CEBU Pacific said passenger traffic is expected to double this year owing to its new domestic and regional destinations.

In a statement, Lance Gokong­wei, airline president and chief executive, said the company is targeting to carry more than five million passengers this year noting that in 2006, it carried 3.5 million with an average load factor of 75 percent.

In 2005 Cebu Pacific carried 2.2 million passengers.

“2006 was a milestone year for the airline with the near completion of our refleeting program and the continued expansion of our operations both in the domestic and regional markets,” Gokongwei said during the 4th Low-Cost Airline Congress in Singapore.

He reiterated that Cebu Pacific presently has the most number of domestic destinations, flights and routes, outflanking Philippine Airlines, the country’s first flag carrier.

“We also offer the lowest fares and operate the youngest fleet in the country, and one of the youngest in Asia,” Gokongwei said.

The airline unit of Gokongwei family-led JG Summit Holdings Inc. has been aggressively expanding its regional and domestic operations with the launch of six new regional routes and five new domestic destinations over the past seven months.

“With the arrival of our 13th aircraft last week and our 14th aircraft in February, we will continue opening new routes and serving new destinations. We start our second daily frequency to Dumaguete on January 25, we are increasing our frequency to Korea from 10 times weekly to 17 times weekly, and we also start flying to Jakarta by the end of the month,” Gokongwei said.

Cebu Pacific operates 13 brand-new Airbus aircraft with an average fleet age of less than a year to its 20 domestic and 7 regional destinations. The airline’s $670-million refleeting program will be completed next month.

  
 

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