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Cebu Pacific now operates on full domestic capacity

Cebu Pacific now operates on full domestic capacity

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By Tyrone Jasper C. Piad, Inquirer Business

Cebu Pacific has fully restored its domestic network capacity to prepandemic level with the addition of flights to popular travel destinations and resumption of direct routes to the Visayas and Mindanao hubs.
In a statement on Wednesday, the Gokongwei-led budget carrier said it recently opened more flights to Manila, Cebu, Clark, Cagayan de Oro, Davao, Iloilo and Kalibo amid the summer season’s holidaymaking.
The airline also resumed last month more direct flights to the Visayas and Mindanao areas, including the routes to Calbayog, Surigao, Puerto Princesa and Legazpi from Cebu; and to Bohol, Cagayan de Oro, Iloilo and Zamboanga from Davao.
“We take pride in operating the most flights across our largest Philippine network and we are happy to keep providing more convenient options for our passengers. We recently resumed more flights from our hubs in the Visayas and Mindanao, so locals there will no longer need to connect to Manila to fly to their favorite domestic destinations,” Cebu Pacific chief commercial officer Xander Lao said.
Cebu Pacific said it now accommodates nearly 350 daily flights to and from key local destinations, including Boracay, Bohol, Cebu, Davao and General Santos.
While the increase in flights has improved its passenger operations, the airline said it also has supported the cargo business.
In the first quarter, Cebu Pacific saw its net losses widen to P7.61 billion from P7.3 billion year-on-year, mainly because of the P2.21 billion worth of nonrecurring market valuation losses from its convertible bonds and interest rate derivatives for the period. INQ