Cebu Pacific, the Philippines’ leading carrier, announced robust financial and operating results for the nine months ended September 30, 2025, driven by strong travel demand, disciplined cost management, and fleet modernization.
The airline reported total revenue of ₱87.6 billion for the first nine months of 2025, marking an 18% increase compared to the same period last year. This growth was fueled by a significant surge in passenger volume, with CEB flying 20.0 million passengers, a 14% increase year-on-year, achieving a healthy seat load factor of 84.8%.
Operational efficiency gains led to a 26% year-on-year rise in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) to ₱22.2 billion, resulting in a strong 25% margin. Core income before tax more than doubled. With additional gains, net income reached ₱9.5 billion, a substantial increase from the ₱3.4 billion earned in the same period last year.
Despite the seasonal slowdown experienced in the third quarter due to the earlier start of the academic year, CEB demonstrated resilience. For Q3 2025, total revenue was ₱24.3 billion (up 5% year-on-year), and the airline carried over 6 million passengers (up 1% year-on-year). Q3 EBITDA grew 11% year-on-year to ₱4.8 billion, while the airline successfully reversed a prior-year net loss, posting a net income of ₱499 million.
The airline’s margin expansion and capacity expansion were supported by its continued strategic transition to larger, higher-capacity, and more fuel-efficient NEO aircraft. Available Seat Kilometers (ASK) increased by 18% year-to-date on an 11% increase in flights. By the end of September 2025, Cebu Pacific was operating over 3,100 weekly flights across 124 routes, strengthening its position in both domestic and international markets.
“Cebu Pacific delivered a strong year-to-date performance despite seasonal headwinds in the third quarter,” said Michael Szucs, Chief Executive Officer of Cebu Pacific. “This reflects the resilience of our business model, the strength of underlying travel demand, and the discipline of our teams in managing cost and capacity amid an evolving operating environment. We remain committed to making air travel affordable and sustainable for everyone, while ensuring efficiency and reliability as we aim for an even stronger finish to 2025.”
