MORE than a million and a half passengers were flown by budget carrier Cebu Pacific and sister airline Tigerair Philippines last month, a 11.7-percent increase from the figure posted in the same month last year.
Cebu Pacific Flights
This brought the airlines’ passenger volume to 4.28 million passengers during the first three months of the year. This was higher than the 3.79 million passengers in the first quarter of 2013.
Capacity, counted by the number of seats, rose by a faster 18.1 percent to 5.42 million seats from 4.59 million seats in 2014. This brought passenger load factor to 78.9 percent, down by 3.6 points from 82.5 percent.
In March, the group operated approximately 2,800 weekly flights, utilizing a fleet of 55 aircraft, one of the most modern fleets in the world.
During this time, Cebu Pacific launched direct Kalibo-Hong Kong and Cebu-Tokyo flights, while Tigerair Philippines launched Manila-Legazpi and Cebu-Puerto Princesa flights.
Cebu Pacific Fun Games
“We look forward to serving more guests and stimulating travel in more markets this year. Cebu Pacific has set its sights on Doha, Qatar, which we will launch on June 4, and continues to explore adding flight frequencies or seat capacity to popular destinations,” said Cebu Pacific Vice President for Marketing and Distribution Candice J. Iyog.
Air traffic this year is expected to shoot up due to the decision of the Civil Aeronautics Board to remove the fuel surcharge component from airline fares due to the declining prices of jet fuel in the international market.
A fuel surcharge is a temporary relief granted to airlines to help them recover losses incurred from higher jet fuel prices. Fuel prices have been dropping since last year due to the decision of the Organization of Petroleum Exporting Countries to maintain current production levels despite a glut in the market with an estimated oversupply of 1.5 million to 2 million barrels daily.
Fuel accounts for as much as 60 percent of an airline’s operating cost per passenger, and is the second-highest expense next to labor.
Cebu Pacific Seat Sale
Data from the International Air Transport Association (Iata) showed jet fuel cost was at $74.8 per barrel as of April 17, up by 8.6 percent from the preceding month but 39.8-percent less than the year-ago price.
The budget carrier’s 52-strong fleet is comprised of 10 Airbus A319, 29 Airbus A320, five Airbus A330 and eight ATR-72 500 aircraft. Between 2015 and 2021, Cebu Pacific will take delivery of nine more brand-new Airbus A320, 30 Airbus A321neo, and one Airbus A330 aircraft.
For bookings, passengers can visit www.cebupacificair.com or reservation hotlines (02)7020-888 or (032)230-8888. They may also download the Cebu Pacific official mobile app on the App Store and Play Store.
Cebu Air Inc. is the largest carrier in the Philippine air transportation industry, offering its low-cost services to more destinations and routes with higher flight frequency within the Philippines than any other airline.