Cebu Pacific sees profits to 8 billion peso in first half of 2016 compare to last year

The Philippines’ largest airline, Cebu Pacific, and its wholly owned subsidiary Cebgo, generated a net income of eight billion peso from January to June 2016, a substantial increase from the five billion peso earned in the same period last year.

The Cebu Pacific Air group’s first half 2016 revenues surged to 33 billion peso, a growth of 12 per cent year-on-year.

Passenger revenues climbed by 11 per cent to 25 billion peso, after CEB carried over ten million passengers for the first half of 2016.

Cargo revenues also went up by six per cent to 2 billion peso.

Likewise, ancillary revenues soared by 20 per cent to six billion peso consequent to the nine per cent growth in passenger traffic and 10 per cent increase in average ancillary revenue per passenger.

Improved online bookings, together with a wider range of ancillary revenue products and services, contributed to the increase.

“Our strong operating and financial performance attest to the ever growing number of air travellers and communities we serve, via approximately 2,400 weekly flights out of CEB’s six strategic hubs nationwide.

“We are optimistic that with the support of relevant government and airport authorities, we can continue contributing to the progression of air transport services in the country,” said JR Mantaring, CEB vice president for corporate affairs.

CEB recently announced three new domestic routes out of Cebu, to cater to the increasing inter-island travel demand in the Visayas region.

Beginning November 19th, 2016, the airline will be operating daily flights between Cebu and Ormoc (Leyte) and Cebu and Roxas (Capiz); and four times weekly flights between Cebu and Calbayog (Samar).

Breaking Travel News

Cebu Pacific adds new route between Kalibo and Incheon from Oct 1

Cebu Pacific will be flying direct to Incheon (Seoul), South Korea from Kalibo, Aklan effective October 1, 2016.

Cebu Pacific’s daily flights between Kalibo and Incheon will utilize its 180-seater Airbus A320 aircraft. The flight will depart Kalibo every day at 1:50am, and arrive in Incheon at 7:10am. The return flight will depart Incheon at 7:55am, and arrive in Kalibo at 11:15am on the same day.

Atty. JR Mantaring, CEB Vice President for Corporate Affairs said:

“Cebu Pacific gears toward bringing travellers for business and leisure to magnificent countries at the lowest fare in the market. The new Kalibo-Incheon route opens opportunities for passengers to explore must-see places in Incheon such as Wolmi-Do Island, Landing Memorial Hall and Jeondeungsa Temple, among others. We will remain committed to exploring more routes to cater to more passengers and to beef up economic, trade and tourism in this destination.”

Cebu Pacific also operates daily flights to Incheon from Manila and Cebu, and four times weekly to Busan from Manila. The airline recently announced that it flew over 10 million passengers from January to June this year, with South Korea as one of its largest short haul international markets.

The airline offers flights to 36 domestic and 30 international destinations, covering an extensive network that spans Asia, Australia, and the Middle East. Its 57-strong fleet is comprised of seven Airbus A319, 36 Airbus A320, six Airbus A330, and eight ATR 72-500 aircraft. Between 2016 and 2021, CEB expects delivery of 32 Airbus A321neo, 2 Airbus A330, and 16 ATR 72-600 aircraft.

Aviation Tribune

Cebu Pacific orders 2 additional Airbus A330-300

MIAMI — Manila-based budget carrier Cebu Pacific has placed a firm order for two additional Airbus A330-300s, taking to eight the total number of the type in its wide-body fleet.

The Philippine carrier plans to incorporate these new aircraft to fuel the expansion of its long-haul operations to new destinations in the Middle East, Australia and the United States, while providing additional capacity to feed high-demand domestic trunk routes.

Cebu Pacific has configured its A330-300s in a single-class, high-density arrangement with 436 seats.

“The newly ordered aircraft will enable us to add more long haul routes, including the launch of our first flights to the U.S. We are excited to be expanding our widebody fleet, offering more low fare options for our customers to fly further than ever before” said Lance Gokongwei, Cebu Pacific President and Chief Executive Officer.

Cebu Pacific currently operates a fleet of 57 aircraft, mostly comprised by Airbus A320 family types (seven A319s and 36 A320s). Plans are to phase out all of its A319s, which have been sold to Allegiant, while taking delivery of 32 A321neo aircraft from 2017 to 2021.

To date, it is the third largest low-cost carrier in Southeast Asia, just behind AirAsia and Lion Air,and serves 36 domestic and 30 international destinations.

Airways Magazine

Cebu Pacific A333 near Mumbai on Jun 29th 2016, engine problem

A Cebu Pacific Airbus A330-300, registration RP-C3343 performing flight 5J-15 (dep Jun 28th) from Dubai (United Arab Emirates) to Manila (Philippines) with 347 people on board, was enroute at FL340 about 180nm east of Mumbai (India) when the crew decided to turn around and divert to Mumbai due to problems with an engine (Trent 772). The aircraft landed safely on Mumbai's runway 27 about 30 minutes later.

Passengers reported the crew indicated engine problems, without further specification, as cause for their diversion to Mumbai. Fellow passengers observed streaks of flame from the engine. After landing the passengers were initially kept on board for a couple of hours while attempts to "fix" the engine were underway, finally passengers were provided with a meal, more a snack, and after about 7 hours on board of the aircraft disembarked and after another long wait to clear India immigration finally were taken to a hotel. Passengers report they were still in Mumbai two days later.

The airline reported that 252 passengers were taken to Manila on flights by other carriers in the meantime, the remaining passengers are estimated to arrive in Manila by Jul 2nd 2016.

The occurrence aircraft is still on the ground in Mumbai about 86 hours after landing.

Incident: Cebu Pacific A333 near Mumbai on Jun 29th 2016, engine problem