Cebu Pacific said on Tuesday it carried over 1.6 million passengers in January, up 13 percent over the same period in 2015.
The airline, which recorded an 86 percent load factor last month, attributed the double-digit growth in passengers to the increasing international network and strong domestic sales.
Based on internal estimates, Cebu Pacific holds 58 percent of the total domestic market share for January 2016.
“We will continue to expand our network and flight frequency to meet the growing demand for air travel,” Cebu Pacific vice president for corporate affairs Paterno Mantaring Jr. said.
The airline’s record passenger loads continued into the first half of February, with over 1.1 million guests flown from February 1 to February 21—a 19 percent growth versus the same period last year.
Cebu Pacific in 2015 flew 18.4 million passengers, up from 16.9 million passengers in 2014.
The average load factor, which pertains to number of seats occupied, averaged 83 percent last year.
Cebu Pacific, meanwhile, recorded a net income of P3.56 billion in the first nine months of last year, up 71 percent from P2.08 billion in 2014.
Revenues amounted to P42.26 billion in the nine-month period, or 9.9 percent higher than P38.45 billion posted in the same period in 2014.
The airlines offers flights to a network of over 90 routes on 64 destinations, spanning Asia, Australia and the Middle East. It is slated to launch direct flights between Manila and Guam, its first US destination, on March 15, 2016.
Cebu Pacific’s 57-strong fleet is comprised of 8 Airbus A319, 35 Airbus A320, 6 Airbus A330, and 8 ATR 72-500 aircraft. It is one of the most modern aircraft fleets in the world.
Between 2016 and 2021, Cebu Pacific expects delivery of three more brand-new Airbus A320, 30 Airbus A321neo and 16 ATR 72-600 aircraft.