186
Smile
May2016
CebuPacific turns20
CebuPacific recordedanet income
of PHP4.4billion in2015, a414%
growth from theprevious year. The
airlinecites strongpassenger and
cargo revenues, and lower operating
expenses, for this impressiveboost
inearnings.
TheCebuPacificAir groupalso
looks to the sustainedgrowth in
passenger numbers, ahealthy
presence inemergingmarketsand
aconservative fleet expansionplan
as factors in the8.7% riseof its total
companyupdates
CebuPacificmarked twodecadesof
service lastMarch. Fromanetworkof
threedomesticdestinations in1996,
theairlinenow flies to30 international
destinationsand34destinations in the
Philippines. CEBhasnow flownmore
than125millionpassengers since its
maiden flight.
“Throughout our 20 yearsof
operations, theFilipinopeoplehave
witnessedCebuPacificgrow from
servingone route to successfully
expandingour flight network toover
90 routeson64destinations that span
Asia, Australia, theMiddleEast and the
US,” saysCEBPresident andCEOLance
Gokongwei.
“Wemark thismilestoneby thanking
everyJuanwho flew, is flying, andwill fly
withCEB.We look forward toenabling
moreadventures,more reunionsand
moreopportunities for you.”
CEBcurrently runsa56-strong fleet
of sevenAirbusA319, 35AirbusA320,
sixAirbusA330andeightATR72-500
aircraft—oneof themostmodern in
theworld. It isalsoawaiting threemore
brand-newAirbusA320, 30Airbus
A321neoand16ATR72-600between
2016and2021.
Profitsup to414% in2015
revenues toPHP56.5billion.
“CEB’sdynamicmarket hasgrown
exponentially in twodecades, thanks to
thecontinued trust andpatronageof our
valuedguests, and the staunch support
of airline regulatorsand stakeholders
both in thePhilippinesandabroad,” says
Atty. JRMantaring, CEBVicePresident for
CorporateAffairs.
“Our passengersnownumber over 125
million sinceour inception—a testament
toour commitment inenablingeveryJuan
to fly throughour extensiveandmost
affordable flight network.”
CEB saw18.4million travelers in
2015—an8.9% increase from the
previous year,when theycarried16.9
million. Passenger revenuesalsowent
up toPHP42.7billionasa result—a
6.2%climb year-on-year.
Cargo revenues, on theother
hand, rose10% toPHP3.5billion.
Onlinebookings, aswell asanarray
of ancillary revenueproductsand
services, contributed to the19.6%
hike toPHP10.4billion.
Fly incomfort
withCEB
CebuPacificachievesanother
first amongairlines in theAsia-
Pacific region: itsbrand-new
fleet of 30AirbusA321neo
aircraftwill be fittedwith
SL3510 seats fromRecaro
Aircraft Seating.
Whatmakes theRecaro
SL3510different? Theeconomy
class seatweighsa light 9kg
or 20lbs—about 40% less
thanconventionalmodels. Its
backrest isalsomadeof a thin
nettingmaterial,whichallows
formore space inbetween
seat rows, andconforms to the
shapeof your spine for amore
relaxed feeling.
“Wehavealwaysbeena firm
advocateof innovativeand
economic solutions that ensure
thebest travel experience for
our passengers. Theergonomic
RecaroSL3510 seatswill not
onlycontribute toour valued
guests’ comfort onboard, but
alsohelpus reduce fuel burn,”
saysCEBPresident andCEO
LanceGokongwei.
PHOTOBY
AJIG IBASCO
(PLANE)
