Cebu Pacific Air is one of the low-cost carriers in the Philippines publicly listed in the PSE by its operator Cebu Air, Inc. It offers scheduled flights to both domestic and international destinations.
Cebu Pacific Air is part of JG Summit Holdings and is currently headed by Lance Gokongwei, son and presumptive heir of John Gokongwei, the chairman emeritus of JG Summit Holdings.
History
Cebu Pacific Air was established on August 26, 1988, and entered the market on March 8, 1996. Under Republic Act No. 7151, which was approved on August 30, 1991 Cebu Air, Inc. was granted operating franchise. Domestic services commenced following market deregulation by the Philippine government.
Cebu Pacific Air was subsequently acquired by JG Summit Holdings.
Hubs
Cebu Pacific Air’s main hub is the Ninoy Aquino International Airport Terminal 3. Its other hubs are Mactan-Cebu International Airport, Clark International Airport, Francisco Bangoy International Airport, Iloilo International Airport, and Kalibo International Airport.
Destinations
Cebu Pacific Air currently has the most extensive route network in the Philippines. As of September 2013, it flies to 56 destinations. 34 domestic and 22 international in 15 countries across Asia.
Fleets
As of September 2013, Cebu Pacific Air currently operates a fleet of 47 aircraft. 39 Airbus (10 A319, 27 A320, and 2 A330), and 8 ATR 72-500 aircraft. With an average age of 4.1 years, Cebu Pacific Air has one of the most modern aircraft fleets in the world.
Slogan
Why everyone flies.
Passenger Statistics
Year | Passengers carried | Growth |
---|---|---|
2006 | 3,456,000 | |
2007 | 5,490,267 | 58.8% |
2008 | 6,750,000 | 23.0% |
2009 | 8,760,000 | 29.7% |
2010 | 10,460,000 | 19.4% |
2011 | 11,940,000 | 14.1% |
2012 | 13,260,000 | 11.0% |
Cebu Pacific Air has since then flown 70 million passengers and counting.