CEB flies over 3.1 million passengers in Q2, posts 15% growth

CEB posted a 15% system-wide year-on-year growth, with the number of international passengers up by 21%. The airline's domestic passengers also increased by 13%, compared to the same Q2 period last year.

The airline flew over 683,000 international and more than 2,428,000 domestic passengers in the 2nd quarter of 2011, compared to more than 2.7 million passengers in the 2nd quarter of 2010. These Q2 figures keep the airline on track in achieving its 12 million-passenger target in 2011.

It also achieved a record 89% load factor in Q2, surpassing the load factors in the 1st quarter of 2011 (87%) and 2nd quarter of 2010 (88%).

"CEB posted strong growth figures in the 2nd quarter of 2011, given its trademark lowest fares, extensive route network and innovative travel services. April and May are seasonally the strongest in domestic travel, and we will remain consistent in growing the market so every Juan gets the chance to fly," said CEB VP for Marketing and Distribution Candice Iyog.

"We will continue to expand internationally, consistent with our goal to bring more tourists to and from the Philippines. CEB's international passengers increased in the 2nd quarter, owing to our increased flight frequencies and direct flights from international destinations to Manila, Cebu and Clark," she added.

Passengers to and from Singapore increased by 22% year-on-year. Meanwhile, passengers to and from North Asia grew by 13%, led by Taiwan (up by 66%), South Korea (up by 42%) and China (up by 38%).

"As we accept delivery of more brand-new aircraft orders in the last week of September and October 2011, we will continue offering the lowest fares to all the destinations we serve. CEB is slated to begin its Tawi-Tawi to Zamboanga flights, as well as its Cagayan de Oro-Iloilo service on October 14, further expanding CEB's network in the Philippines," Iyog said.