With the new Cebu Pacific aircraft expansion continues across the Asian region
The Philippines’ largest budget carrier, Cebu Pacific Air (PSE:CEB) bares its expansion plans in the Asia-Pacific region.
Cebu Pacific (CEB) is planning to expand its fleet with the purchase of 19 more Airbus A320 and 30 Airbus A321neo aircraft between 2013 and 2021.
The new acquisition will bring to 90 the total aircraft in CEB’s fleet. CEB currently operates 10 Airbus A319, 23 Airbus A320 and 8 ATR-72 500 aircraft.
Its fleet of 41 aircraft is one of the most modern fleets in the world.
CEB has expanded its regional network from Cebu with the recent launch of twice direct weekly services to Kuala Lumpur in Malaysia and Bangkok in Thailand.
It started operating a Tuesday, Saturday services from Cebu to Kuala Lumpur on Dec. 8.
The airline also launched its Thursday, Sunday services from Cebu to Bangkok on Dec. 9.
CEB has been operating approximately 25 weekly flights from Cebu to Seoul (Incheon), Pusan, Hong Kong and Singapore.
Meanwhile, CEB announced it recorded a 48 percent market share in terms of domestic cargo from January to September this year.
Cebu Pacific carried 70.4 million kilograms cargo during the first nine months of 2012, besting the combined cargo loads (62 million) of both Philippine Airlines and Airphil Express.
”This highlights Cebu Pacific’s extensive domestic route network and preferred cargo services. With multiple daily flights to most key cities in the Philippines, cargo forwarders and shippers trust CEB to link islands together in the fastest time,” said Cebu Pacific vice president for marketing and distribution Candice Iyog.
Cebu Pacific also led the domestic cargo market in 2011 with close to 89.5 million kilos carried for the full year.
”CEB cargo provides a flexible and straightforward service. We currently serve more than 2,000 accounts, tailor-fitting cargo products to our clients’ domestic and international cargo needs. This includes express cargo service, seamless transshipment and 16 interline partnerships for worldwide reach,” Iyog said.(PNA) ghg/EB/PR/bh