Cebu Pacific posted a record-breaking ₱30.4 billion in revenue for the first quarter of 2025, marking a 20% year-on-year increase. This strong performance was fueled by a 26% surge in passenger traffic, with 7 million passengers flying with the airline, despite the shift of the Easter holidays from March to April this year.
The rise in passenger numbers contributed to a 19% year-on-year boost in passenger revenue, which totaled over ₱21 billion. Ancillary revenue also saw a notable increase, up 22% to over ₱7 billion. The airline’s expanded network and capacity were pivotal in driving these results. By the end of Q1, Cebu Pacific’s fleet had grown to 99 aircraft, serving 63 destinations across 127 routes, with over 3,200 weekly flights.
In addition to the passenger traffic boost, Cebu Pacific’s cargo segment also saw impressive growth, with revenues increasing 35% year-on-year to ₱1.7 billion. The airline transported 51.6 million kilograms of cargo during the quarter, supported by its enhanced network and fleet capacity.
Over the past 12 months, Cebu Pacific has taken delivery of 15 new aircraft and 13 spare engines, reinforcing its operational resilience amid global supply challenges. While this expansion led to higher fleet-related and financing costs, it laid the groundwork for sustained growth. These investments, along with the airline’s broader operations, allowed Cebu Pacific to maintain a healthy EBITDA of ₱6.7 billion, a slight increase from the previous year. This resulted in an EBITDA margin of 22%, while operating income reached ₱1.96 billion, leading to a net income of ₱466 million.
“We remain optimistic about our financial outlook. The underlying demand for affordable air travel continues to be strong, and our strategic investments over the past few years have positioned us for resilient operations,” said Mark Cezar, Chief Financial Officer at Cebu Pacific. “Leveraging these existing assets, we are confident in our ability to drive sustainable growth and improve profitability moving forward.”
Key Highlights:
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Revenue: ₱30.4 billion, up 20% year-on-year
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Passenger Traffic: 7 million passengers, up 26%
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Passenger Revenue: ₱21 billion, up 19%
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Ancillary Revenue: ₱7 billion, up 22%
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Cargo Revenue: ₱1.7 billion, up 35%
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Fleet Size: 99 aircraft
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Operating Income: ₱1.96 billion
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Net Income: ₱466 million
