Cebu Pacific posts P63.3B H1 revenue

Cebu Pacific, the leading budget carrier under the Gokongwei Group of Companies, posted a revenue of P63.3 billion for the first half of 2025, marking a 23 percent increase from the P51.4 billion it recorded during the same period in 2024.

Based on official data from the airline, the strong first-half performance was driven by increased demand across both domestic and international markets.

“Load factors, fares, ancillary, and cargo business all increased year-on-year (YoY) amid seat growth of over 20 percent. This reflects continued strength in air travel demand within our network. Domestic passengers grew 20 percent while international passengers grew 22 percent, achieving 88 percent and 79 percent seat load factor, respectively,” official data from the airline said.

Passenger revenue grew 24 percent year-on-year, ancillary revenue increased by 19 percent, and cargo revenue rose 33 percent.

Cebu Pacific ended the first half with an operating income of P7.9 billion, up 44 percent from the same period last year, while net income surged 153 percent to P9.0 billion from P3.5 billion in the first half of 2024.

In its second-quarter performance, CEB reported a net income of ₱8.5 billion, driven by strong passenger growth, improved operational efficiency, and disciplined cost management.

The airline flew 7 million passengers during the quarter, a 16 percent increase from the same period last year, as both domestic and international markets posted double-digit growth. Domestic traffic rose 14 percent to more than 5.1 million, while international traffic jumped 23 percent to 1.8 million, supported by the April Easter holiday and strong peak travel season.

“This surge in demand pushed the Seat Load Factor to 85.9 percent and significantly boosted revenues across the business. Passenger revenue grew 29 percent to P23.1 billion, ancillary revenue rose 16 percent to P8 billion, and cargo revenue increased 32 percent to P1.8 billion. This strong revenue performance drove operating income up 110 percent to P6 billion from P2.8 billion a year ago."

By mid-year, the airline operated over 3,300 weekly flights across 124 routes with a fleet of 99 aircraft.

“These results for the second quarter and first half of 2025 reflect the returns from our strategic investments in fleet and network expansion along with the sustained demand for air travel,” said Michael Szucs, Chief Executive Officer of Cebu Pacific.

“With the Philippines’ growing economy, favorable demographics and expanding tourism sector, we remain well-positioned to drive long-term growth in low-cost travel,” he added.

Cebu Pacific is expecting a 15 percent seat growth for 2025 and says it remains on track to achieve its capacity expansion targets for the year.