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Cebu Pacific “hopeful” of profit in 2009

12-Mar-2009

Cebu Pacific stated it expects a 28% increase in revenue in 2009, to PHP25 billion (USD502 million), on expectations of an improved operating environment and increased demand. The carrier also stated it is “hopeful” it will report a profit in 2009. [985 words]

Unlock the following content in this report:

Subheadings:

  • Expands both domestic and international networks
  • Expanding operations from Cebu
  • Considering introducing Philippines-Middle East services
  • Removes fuel surcharge from airfares
  • To reduce Manila-Osaka airfares
  • Opens reservation system to corporate clients
  • To introduce baggage interception fee

Graphs and data:

  • Cebu Pacific Route Network: Mar-09
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