Cebu Pacific handles 50 millionth passenger; next 50 million in four years

Premium Analysis

Cebu Pacific handled its 50 millionth passenger on 06-Jan-2011 with President and CEO Lance Gokongwei adding that the Philippine LCC plans to handle its next 50 million passengers by 2014. That will be four years compared with the 14 years the carrier took to reach its first 50 million passengers.

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