By: AirTravellerPH Staff
Philippine-based budget airline Cebu Pacific has flown 6,601,280 domestic passengers from January to June of 2019 out of the 15,160,999 domestic passengers on the same period. Its subsidiary CebGo on the other hand has flown 968,567 passengers. When combined, both Cebu Pacific and CebGo has flown 7,569,847 passengers, owning 50% of the domestic passenger market share for the first half of 2019.
Based on a report by the Civil Aeronautics Board (CAB), Cebu Pacific and CebGo both flew 13,951,064 passengers in 2018, owning up to 51% of the domestic passenger market share. A total of 27,283,603 domestic passengers were flown in the previous year.
Philippine Airlines (PAL) subsidiary PAL Express follows with 3,772,929 domestic passengers flown in the present period, with PAL flying 841,291. Philippines AirAsia on the other hand has flown 2,610,907 domestic passengers from January to June 2019.
Cebu Pacific's dominance in the Philippine domestic passengers market share is attributed to its network, higher capacity Airbus jets, and marketing efforts. The budget carrier also has a pending order of 16 Airbus A330-900NEO, 10 A321XLR, 27 A321NEO, and 8 A320NEO aircraft, all of higher capacity than the present fleet.
By 2024, Cebu Pacific is seen to operate an all-Airbus NEO fleet which seat anywhere from 200 to 460 passengers and are more fuel efficient than the current Airbus jets in the airline's fleet.
Cebu Pacific is also preparing for a tighter competition as Philippines AirAsia is set to expand its fleet from 23 to 50 aircraft, enabling them to add more capacity and routes.