Cebu Pacific said over the weekend it took delivery of its first new aircraft for 2024, strengthening its network and boosting its operational resilience.
The airline unit of the Gokongwei Group said the aircraft – an Airbus 320ceo – is the first of the expected 17 aircraft deliveries for 2024.
“This aircraft delivery is aligned with our commitment to provide safe, accessible and affordable flights for every Juan,” said Cebu Pacific president and chief commercial officer Xander Lao.
“We are excited to fly even more passengers to their chosen destinations this year made possible by our growing domestic and international network and ongoing fleet expansion efforts,” he said.
The airline expects to achieve a fleet count of 92 this year.
It operates one of the youngest fleets in the world, with its diversified fleet mix of eight Airbus 330s, 36 Airbus 320s, 20 Airbus 321 and 14 ATR turboprop aircraft enabling the widest domestic network.
Cebu Pacific posted a net income of P5.02 billion in the first nine months of 2023, a turnaround from P12.04 billion in the same period last year.
Revenues amounted to P66.89 billion, up 78 percent from P37.53 billion a year earlier.
Cebu Pacific carried 15.53 million passengers in the nine-month period, representing an increase of 49 percent from 10.43 million passengers served in the same period in 2022.
Cebu Pacific flies to 35 domestic and 25 international destinations spanning across Asia, Australia and the Middle East.