Wednesday, April 3, 2019

Cebu Pacific launches flight to Marinduque

Cebu Pacific said it launched a direct flight to its newest domestic destination, Marinduque province.

The airline is the only one operating flights in and out of the Marinduque Airport through subsidiary Cebgo.

“Being the only carrier flying to and from Marinduque, we are very happy to enable the opening of more resorts, other businesses and other opportunities―prospering growth of the province. Now, more tourists will be able to fly direct to Marinduque to see and experience the island for themselves,” said Cebu Pacific vice president for corporate affairs JR Mantaring.

“At the same time, it will also be easier for residents to fly to Manila and travel to any onward destination, be it domestic or international, through CEB’s seamlessly connected network,” Mantaring said.

Marinduque is the 37th domestic destination of Cebu Pacific. Aside from Marinduque, CEB also operates flights to other up-and-coming tourist destinations such as Tablas, Masbate, Siargao and Camiguin.

Along with subsidiary Cebgo, Cebu Pacific flies to 37 domestic and 26 international destinations with more than 107 routes spanning Asia, Australia, the Middle East and the United States.

The Cebu Pacific fleet is comprised of an Airbus A321neo, 36 Airbus A320, seven  Airbus A321ceo, eight Airbus A330, eight ATR 72-500 and 12 ATR 72-600 aircraft.

The ATR aircraft are used by Cebgo for inter-island flights where jet operations are not possible.

Cebu Pacific boasts of one of the youngest fleets in the world, with an average fleet age of five years.

Cebu Pacific’s net income fell 51 percent last year amid a challenging macroeconomic environment.

The airline company controlled by industrialist John Gokongwei posted a profit of P3.9 billion in 2018, down from P7.9 billion in 2017.

The airline’s revenue reached P74.1 billion, up 9 percent from the previous year, on the back of continued demand for air travel and robust growth of its cargo business.

The growth in CEB’s 2018 business came amid a challenging environment with high fuel prices, a volatile Philippine peso, rising interest rates, increased competition, the six-month closure of Boracay and operational limitations in the country’s key airports.

CEB flew 20.3 million passengers in 2018, up 2.7 percent from 2017.

http://manilastandard.net/mobile/article/291606

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