Philippine budget carrier sees 10 mil. passengers by yearend

The airline flew a total of 4.1 million domestic passengers in the first half of the year, which is 1.2 million more than rival flag-carrier Philippine Airlines' (PAL) 2.8 million domestic passengers.

This translates to a year-on-year growth of 13 percent for Cebu Pacific and a 48-percent market share in the domestic air travel sector.

Data for international passenger traffic in the first half have not yet been released.

“We hope to carry even more passengers as we expect delivery of four more brand-new Airbus aircraft from October 2010 to January 2011,” said Candice Iyog, Cebu Pacific vice president for marketing and distribution.

“Twenty more brand-new Airbus aircraft will be delivered until 2014. We will use all these to add more frequencies, routes and flights to lower our fares even further and provide even more travel convenience to guests,” she said.

CEB operates an extensive network to mostly island provinces of the Philippines.

It also flies to Brunei, Guangzhou, Shanghai, Osaka, Seoul (Incheon), Jakarta, Singapore, Ho Chi Minh City, Taipei, Macau, Hong Kong, Singapore, Bangkok, Kota Kinabalu and Kuala Lumpur.

The airline's Beijing service will be launched on Sept. 5.

The Philippines' largest airline in terms of number of passengers flown, Cebu Pacific operates the youngest aircraft fleet in the country, with 21 Airbus and 8 ATR 72-500 aircraft.

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