The Philippines' leading airline, Cebu Pacific (PSE:CEB), expressed its support of the Mactan-Cebu International Airport's expansion. The airline currently operates 27 routes from Cebu to other domestic and international destinations.
The P17.5B Mactan-Cebu International Airport expansion project aims to modernize the Philippines' second largest aviation hub. The passenger terminal building's current capacity accommodates 4.5M passengers per year. With the expansion, the Mactan International airport will increase its annual capacity to 8M passengers per year.
Last year, CEB estimates about 3.33M passengers flew within its Cebu hub. In Q2 2014, CEB posted a 14.75% year-on-year growth in passengers from the hub.
"We welcome the expansion of the Mactan International airport. Cebu is a very important hub for us. CEB has been operating flights at the Mactan airport since 1996. We are reviewing our network plans out of Cebu and we look forward to offering CEB's low fares to even more travellers," said Atty. Jorenz Tanada, CEB VP Corporate Affairs.
Meanwhile, CEB is set to start flying non-stop, direct flights from Manila to Riyadh on October 1, and to Dammam on October 4, this year. The airline also started flying non-stop from Manila to Sydney last September 9.
CEB's 51-strong fleet is comprised of 10 Airbus A319, 28 Airbus A320, 5 Airbus A330 and 8 ATR-72 500 aircraft. It is one of the most modern aircraft fleets in the world. Between 2014 and 2021, Cebu Pacific will take delivery of 11 more brand-new Airbus A320, 30 Airbus A321neo, and 1 Airbus A330 aircraft.
About Cebu Air Inc.
Cebu Pacific Air is the leading carrier in the Philippine air transportation industry, offering its low-cost services to more destinations and routes with higher flight frequency within the Philippines than any other airline.
CEB is now operating flights on a network made wider with Tigerair Philippines, creating the largest low-cost network to and from the Philippines.
CEB currently operates over 2,200 flights per week with 50 aircraft to 26 international and 34 Philippine destinations. Tigerair Philippines currently operates approximately 220 flights per week with four aircraft to nine domestic and international destinations. For more information, please visit www.cebupacificair.com