A top official of Cebu Pacific said that the Philippines would become the low-cost carrier (LCC) capital of the world.
“Today, in the Philippines, low-cost carriers dominate. Eight out of 10 seats on the domestic market are low-cost carrier seats. No other aviation market in the world has this kind of market share for LCCs,” said Alex Reyes, general manager for the Long Haul Division of Cebu Pacific.
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