Friday, August 15, 2025

Cebu Pacific soars with ₱8.5 billion net income in Q2 2025

Cebu Pacific, the Philippines’ leading carrier, announced a remarkable net income of ₱8.5 billion for the second quarter of 2025. This impressive performance was fueled by strong passenger growth, enhanced operational efficiency, and disciplined cost management, underscoring the airline’s strategic success in a thriving market.

During the second quarter, Cebu Pacific flew a record 7 million passengers, marking a significant 16% increase year-on-year. Both domestic and international markets contributed to this double-digit growth, with domestic traffic rising 14% to over 5.1 million passengers and international traffic surging 23% to 1.8 million. This surge was notably supported by the April Easter holiday and a robust peak travel season, pushing the Seat Load Factor to an impressive 85.9% and significantly boosting revenues across all segments of the business.

The airline’s strong financial results were reflected in its revenue streams: passenger revenue climbed 29% to ₱23.1 billion, ancillary revenue increased 16% to ₱8 billion, and cargo revenue saw a substantial 32% rise to ₱1.8 billion. This robust revenue generation propelled operating income up by 110% to ₱6 billion, a significant leap from ₱2.8 billion reported in the same period last year.

For the first half of 2025, Cebu Pacific continued its upward trajectory, generating a total revenue of ₱63.3 billion, a 23% increase year-on-year. Passenger numbers for the first six months reached 14 million, up 21%, contributing to a 24% rise in passenger revenue to ₱44.2 billion. Ancillary revenue grew 19%, while cargo revenue increased by 33%.

The airline’s expansion was underpinned by a 17% increase in flights and a 22% rise in Available Seat Kilometers (ASK), as Cebu Pacific strategically transitioned to a more fuel-efficient, higher-capacity NEO fleet. By mid-year, the airline operated over 3,300 weekly flights across 124 routes with a modern fleet of 99 aircraft.

Cebu Pacific concluded the first half of 2025 with an operating income of ₱7.9 billion, a 44% improvement over the same period last year, and a net income of ₱9.0 billion, representing a remarkable 153% increase from ₱3.5 billion in the first half of the previous year.

“These results for the second quarter and first half of 2025 reflect the returns from our strategic investments in fleet and network expansion along with the sustained demand for air travel,” said Michael Szucs, Chief Executive Officer of Cebu Pacific. “With the Philippines’ growing economy, favorable demographics, and expanding tourism sector, we remain well-positioned to drive long-term growth in low-cost travel.”

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