Gained 1 percentage point from last year
June 8, 2010
Cebu Pacific (CEB) beat flag carrier Philippine Airlines as the Philippines largest airline flying more passengers on domestic and international routes, data from the Civil Aeronautics Board (CAB) disclosed.
CEB flew 2,448,990 domestic and international passengers from January to March this year, almost 110,000 more than Philippine Airlines system-wide figures of 2,339,788, according to the CAB.
CEB claimed the No. 1 position in the domestic market last year when it captured 50% of the domestic market share. It remains the number one carrier in 2010, with 51% market share.
The airline which started operations in 1996 is buying 22 more Airbus A320 aircraft for expansion slated for delivery starting October this year until 2014. The acquisition would make the airline's Airbus fleet the largest in the country as well.
Cebu Pacific is currently operating the youngest aircraft fleet in the country, with 21 Airbus and 8 ATR 72-500 aircraft.