Cebu Pacific

Cebu Pacific
IATA ICAO Call sign
5J CEB CEBU[1]
FoundedAugust 26, 1988; 36 years ago (1988-08-26)[2]
Commenced operationsMarch 8, 1996; 28 years ago (1996-03-08)
AOC #2009002[3]
Operating bases
Frequent-flyer programGo Rewards
AllianceValue Alliance
Subsidiaries
  • AirSWIFT
  • Cebgo
  • Cebu Pacific Cargo
  • Aviation Partnership Philippines
  • 1Aviation Groundhandling (60%)
Fleet size79
Destinations62 (including Cebgo)
Parent companyJG Summit Holdings
Traded asPSECEB
Headquarters
  • Main headquarters: 3rd Floor, Cebu Pacific Building, 8006 Domestic Road, Pasay, Philippines 1301
  • Registered office: Robinsons Galleria Cebu, Sergio Osmeña Jr. Boulevard corner. General Maxilom Avenue Extension, Tejero, 6000 Cebu City[4]
Key people
RevenueIncrease 90.60 billion (2023)
Operating incomeIncrease ₱8.6 billion (2023)
Net incomeIncrease ₱7.92 billion (2023)
Total assetsIncrease ₱187.18 billion (2023)
Total equityIncrease ₱4.78 billion (2023)
Employees3,046 (2021)[5][needs update]
Websitewww.cebupacificair.com
Notes

Cebu Air, Inc. (PSECEB), operating as Cebu Pacific (stylized in lowercase), is a Philippine low-cost airline based at Pasay in Metro Manila. Founded in 1988,[2] the airline was the first low-cost carrier in Asia and is also the largest airline in the Philippines by fleet size.[7][8] It offers scheduled flights to both domestic and international destinations. The airline operates flights from five bases in Cebu, Clark, Davao, Iloilo, and its largest base in Manila.

With its low-cost business model and extensive destination network, Cebu Pacific became the Philippines' largest airline based on number of passengers flown on domestic and international routes in 2010, overtaking rival Philippine Airlines (PAL). According to Civil Aeronautics Board data, Cebu Pacific flew a total of 2.45 million passengers in the first quarter of 2010, nearly 110,000 more than PAL, which carried 2.34 million systemwide during the same period.[9][10]

The airline has often been criticized for its frequent flight delays and cancellations, some without explanation, as well as alleged poor customer service, prompting investigations by the Philippine government.[11]

  1. ^ "JO 7340.2J Contractions" (PDF). Federal Aviation Administration. October 10, 2019. Retrieved November 19, 2019.
  2. ^ a b "Company Information; Cebu Air, Inc". Philippine Stock Exchange Inc. Retrieved May 14, 2020.
  3. ^ "ACTIVE/CURRENT AOC HOLDERS" (PDF). Civil Aviation Authority of the Philippines. May 30, 2019. Archived from the original (PDF) on May 18, 2023. Retrieved January 8, 2023.
  4. ^ "2015 Annual Report". Philippine Stock Exchange. Philippine Stock Exchange, Inc. Retrieved April 20, 2019.
  5. ^ Balinbin, Arjay L. (April 6, 2022). "Cebu Pacific says cash enough for next 18 months". BusinessWorld. Retrieved January 10, 2023.
  6. ^ "Annual Report". Philippine Stock Exchange. March 27, 2024. Retrieved March 28, 2024.
  7. ^ "Cebu Pacific Air SWOT: Asia's first LCC, Philippines market leader". Center for Aviation. August 25, 2018.
  8. ^ Cite error: The named reference sunstar was invoked but never defined (see the help page).
  9. ^ Thomas, Geoffrey (June 9, 2010). "Cebu Pacific Now Philippines' Largest Airline". Air Transport World. Archived from the original on May 29, 2013. Retrieved September 9, 2016.
  10. ^ "Philippine Airlines Struggling as Cebu Pacific Becomes Largest Carrier". Center for Aviation. September 3, 2010. Retrieved September 9, 2016.
  11. ^ Adel, Rosette (June 26, 2023). "Lawmaker seeks suspension of Cebu Pacific's franchise over flight woes". Philstar. Retrieved June 27, 2023.

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