Cebu Pacific (CEB) forecasts it will handle 9 million passengers in 2009, as the LCC’s expansion plans enter full swing amid the economic downturn. The carrier reported a 23% increase in passenger traffic in 2008, handling 6.7 million passengers, making it the fastest growing airline in Asia. According to the carrier, it is presently the third largest LCC in Asia and the 22nd largest in the world.
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