The Philippines’ largest flag carrier, Cebu Pacific (PSE:CEB) is the largest airline in terms of seat capacity operating to, from and within the Philippines, according to a Centre for Asia Pacific Aviation (CAPA) article released last August 21, 2011.
CAPA named the top 10 carriers in the Philippines by capacity, or seats per week based on August 22-28, 2011 CAPA and Innovata data.
CEB offers 258,120 seats, with its fleet of 100% brand-new 8 ATR 72-500, 10 Airbus A319 and 15 Airbus A320 aircraft.
Meanwhile, CAPA reported the following seat capacity offered by other airlines: Philippine Airlines (220,302), Airphil Express (103,102), Zest Air (77,232), Cathay Pacific Airways (29,170), Asiana Airlines (17,624), Korean Air Lines (12,996), Singapore Airlines (12,600), SEAir (11,436), and Delta Air Lines (10,478).
“CEB is now the largest airline operating to, from and within the Philippines, based on not only the number of domestic and international passengers flown, but also total domestic and international seat capacity,” said CEB VP for Marketing and Distribution Candice Iyog.
“Our 1st half 2011 profit figures remain in the black despite high fuel costs earlier this year, a feat we owe to reduced operational costs and higher ancillary revenue. CEB will continue to grow its domestic and international operations for the benefit of more passengers,” she added.
CEB ranked fifth most profitable leading value airline in the world, according to Air Transport World’s World Airline Report last July 2011.
It is set to open its 50th destination Tawi-Tawi, and launch its newest domestic route Cagayan de Oro to Iloilo in October. This is in time with the delivery of four more brand-new Airbus A320 aircraft in the last four months of 2011.
Between 2012 and 2021, Cebu Pacific will take delivery of 23 Airbus A320 and 30 Airbus A321neo aircraft orders, and 2 Airbus A320 aircraft on operating lease agreements.
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