Cebu Air Inc. said Wednesday it expects the delivery of more aircraft next year to serve its growing domestic and international routes.
“We’re pleased to see the CEB effect in these markets, and will continue to study destinations where we can grow traffic. As we take delivery of more aircraft in 2016, including brand-new ATR 72-600s for Cebgo, we look forward to serving more guests, and creating more tourism and business opportunities to benefit the destinations we fly to,” Cebu Pacific vice president for marketing and distribution Candice Iyog said.
Cebu Pacific’s 55-strong fleet is comprised of eight Airbus A319, 33 Airbus A320, six Airbus A330 and eight ATR-72 500 aircraft. Between 2016 and 2021, Cebu Pacific will take delivery of five more brand-new Airbus A320, 30 Airbus A321neo and 16 ATR 72-600 aircraft.
The airline offers flights to a network of over 90 routes on 60 destinations, spanning Guam, Sydney, Dubai, Bali and Seoul. It operates flights from six Philippine hubs—Manila, Cebu, Davao, Iloilo, Clark and Kalibo.
The operator of Cebu Pacific named the countries or regions with the highest passenger growth from January to September this year as Australia, the Middle East and Japan.
Data from Australia’s Bureau of Infrastructure, Transport and Regional Economics, showed that Cebu Pacific garnered a 38 percent market share on the Manila-Sydney route from September 2014 to September 2015. Overall traffic between Manila and Sydney also grew by 67 percent since the airline entered the market in September 2014.
The airline’s Middle East growth was driven by the launch of Kuwait, Riyadh and Doha in recent months, as part of the airline’s expansion in the region.
Cebu Pacific will launch its Manila to Fukuoka route on December 17, after expanding to Cebu-Narita (Tokyo) last March 2015.
Cebu Pacific in the domestic market stimulated more travel between Manila and Tagbilaran (Bohol) with additional twice daily flight frequencies.
The airline also enhanced travel between Cebu and Tandag, after the airline launched flights to this Surigao delSur cityin June 2014. Passengers for both routes grew by over 100 percent from January to September 2015, compared with the same period last year, making them the fastest growing domestic routes.
Cebu Pacific earlier reported a net income of P3.56 billon in the first nine months of the year, up 71 percent from last year’s P2.08 billion.
The company’s revenues amounted to P42.26 billion in the first nine months, up 9.9 percent from P38.45 billion in the same period last year.
Of the total, passenger revenues contributed P32.13 billion, an 8.1 percent increase from last year’s P29.73 billon, while cargo revenues amounted to P2.49 billion, higher by 10.2 percent.
Cebu Pacific carried 13.65 million passengers in the first nine months of the year from 12.53 million passengers in the same period last year.