Cebu Pacific carries 6.7 million passengers in 2008
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Cebu Pacific flew 6.7 million passengers last year for a 23% growth over its 2007 figure. The airline expects to fly 9.3 million passengers this year as it takes delivery of six new aircrafts and expand its route network in the country and in Asia.
Lance Gokongwei, CEB President and CEO, said, “We carried 5.38 million domestic passengers last year, up 20.7 percent from 2007, while international passengers rose by 33 percent, from one million to 1.4 million.”
He explained, “This growth can be attributed to the increase in our seat capacity coupled with our trademark low fares. We were able to successfully convince more Filipinos to travel by air despite economic uncertainties. 2008 challenged us to look for ways to stimulate travel and sustain our domestic and international operations.”
Gokongwei added, “We will continue to look for ways to deliver a simple and reliable product and the public can expect more innovation from CEB this year.”
CEB expects to take delivery of 6 new aircraft (3 Airbus A320 and 3 ATR 72-500) this year and expand services accordingly.
The airline grew its total number of destinations in 2008 to 42, from 32 in 2007, and its number of routes to 63 from 43. Of these, domestic destinations rose from 20 to 27 while domestic routes increased from 28 to 39.
(c) Centre for Asia Pacific Aviation. Date posted: 23-Jan-09
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Cebu Pacific carries 6.7 million passengers in 2008 
