Cebu Pacific Reports Q1 2011 Traffic

Cebu Pacific flew over 2.8 million passengers between January and March 2011, a 12% increase compared to the same period in 2010.

This Q1 result keeps the airline on track to achieve its 12 million-passenger target for this year. CEB carried close to 10.5 million passengers in 2010.

CEB’s Q1 growth was driven by international traffic, which is up 32%. The airline flew 672,456 international passengers from January to March 2011, compared to 511,178 passengers flown during the same period in 2010.

The airline doubled its Manila-Incheon (Seoul) services, making it twice daily last January 2011, and also added thrice weekly flights to its Manila-Bangkok services, making it a 10 times weekly service last February.

“Cebu Pacific achieved an 87% load factor from January to March, an increase of four percentage points year-on-year. We attribute this to CEB’s trademark low fares, the increasing number of passengers who avail of our affordable seat sales months in advance, and our extensive route network,” said CEB VP for Marketing and Distribution, Candice Iyog.

CEB operates 10 Airbus A319, 15 Airbus A320 and 8 ATR-72 500 aircraft. By the end of 2011, CEB will be operating a fleet of 37 aircraft – with an average age of 3.5 years – one of the most modern aircraft fleets in the world. Between 2012 and 2014, the airline will take an additional 16 Airbus A320 aircraft.

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