Philippines’ Cebu Pacific fuels recovery with relaunched routes, aircraft orders

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Philippine budget airline Cebu Pacific has been relaunching routes to international destinations and ordering new jets to fuel its post-pandemic recovery.
The country’s biggest airline this month relaunched routes to Taiwan, Hong Kong, Singapore, and opened a new direct route between Manila and Thailand’s Chiang Mai.
This year it has received 10 new aircraft, including three Airbus NEOs which were added to its fleet this month. It now operates 70 Airbus aircraft and 15 ATR turboprop planes.
In July the airline signed a memorandum of understanding with Airbus to purchase up to 152 aircraft in a $24 billion deal, the biggest order in Philippines aviation history.
“As the demand for air travel to continues to rise, we are confident that we will be able to cater to more passengers looking to connect with other people or discover new destinations with Cebu Pacific,” president and chief commercial officer Xander Lao said in a press release.
It now operates in 35 domestic and 26 international destinations spread across Asia, Australia, and the Middle East.
Cebu Pacific is also considering acquiring AirSWIFT, another Philippines aviation company which mostly operates short-range flights to and from resorts.
Leaders of the two airlines aim to reach an agreement in the upcoming months, according to local media.
With strong discounts such as zero-fare flights and limited offers, the company served 20.86 million passengers last year, while its competitor Philippines Airlines recorded only 14.7 million.
The Philippines saw the number of passengers on international flights more than doubled last year to 24.81 million, nearly 80% of 2019 levels, according to the Civil Aeronautics Board.
Questions & Answers
Q.What kind of aircraft has Cebu Pacific recently added to its fleet?
What kind of aircraft has Cebu Pacific recently added to its fleet?
This year, Cebu Pacific has received 10 new aircraft, including three Airbus NEOs which were added to its fleet this month. The airline now operates 70 Airbus aircraft and 15 ATR turboprop planes.
Q.What is the potential scale of Cebu Pacific's recent aircraft purchase agreement?
What is the potential scale of Cebu Pacific's recent aircraft purchase agreement?
Cebu Pacific signed a memorandum of understanding with Airbus in July to purchase up to 152 aircraft. This potential deal is valued at $24 billion, marking the biggest order in Philippines aviation history.
Q.Which other aviation company is Cebu Pacific considering acquiring?
Which other aviation company is Cebu Pacific considering acquiring?
Cebu Pacific is considering acquiring AirSWIFT, another Philippines aviation company. AirSWIFT primarily operates short-range flights serving resorts, and an agreement is expected in the coming months.
Q.How many passengers did Cebu Pacific serve last year compared to its main competitor?
How many passengers did Cebu Pacific serve last year compared to its main competitor?
Last year, Cebu Pacific served 20.86 million passengers. In contrast, its competitor Philippines Airlines recorded 14.7 million passengers, indicating Cebu Pacific carried significantly more travellers.
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