Cebu Pacific expansion enters full swing; 34% passenger growth predicted

Cebu Pacific (CEB) forecasts it will handle 9 million passengers in 2009, as the LCC’s expansion plans enter full swing amid the economic downturn. The carrier reported a 23% increase in passenger traffic in 2008, handling 6.7 million passengers, making it the fastest growing airline in Asia. According to the carrier, it is presently the third largest LCC in Asia and the 22nd largest in the world. [552 words]

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This report contains the following subheadings:

• Continues with expansion plans in 2009
• Expands operations from Cebu and Manila hubs

This report contains the following charts and tables:

• Cebu Pacific traffic highlights for 1Q2009
• Cebu Pacific fleet plans: 2009 (remainder) to 2013 (as at 19-May-09)
• Cebu Pacific New Services and Increased Frequencies: Apr-09 to Jun-09
• Cebu Pacific Destination Map: May-09