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Cebu Pac corners 48% of domestic cargo market

MANILA, Philippines - Cebu Air Inc. (Cebu Pacific) of taipan John Gokongwei emerged as the preferred cargo handler cornering almost half of the total domestic cargo in the first nine months of the year.

Cebu Pacific vice president for marketing and distribution Candice Iyog said in a statement that data from the Civil Aeronautics Board (CAB) showed that the airline achieved a 48 percent market share in terms of domestic cargo from January to September.

The airline carried 70.4 million kilograms in cargo in the first nine months, edging the combined 62 million kilograms cargo loads carried by both rivals Philippine Airlines and Airphil Express.

“This highlights Cebu Pacific’s extensive domestic route network and preferred cargo services. With multiple daily flights to most key cities in the Philippines, cargo forwarders and shippers trust Cebu Pacific to link islands together in the fastest time,” Iyog stressed.

According to her, Cebu Pacific led the domestic cargo market with close to 89.5 million kilos carried last year.

“Cebu Pacific cargo provides a flexible and straightforward service. We currently serve more than 2,000 accounts, tailor-fitting cargo products to our clients’ domestic and international cargo needs. This includes express cargo service, seamless transshipment and 16 interline partnerships for worldwide reach,” she added.

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In the same period, the Gokongwei-owned low cost carrier flew 12 percent more passengers to 9.8 million in the first nine months of the year from 8.7 million passengers in the same period last year.

It is on track to servicing 14 million passengers this year with the strengthening of the airline’s domestic route network out of Cebu, and additional capacity to key international destinations.

Notable growth was also noted in Cebu Pacific’s international passengers to and from Malaysia with 19 percent, Taiwan with 25 percent, mainland China with 29 percent, and Brunei with 24 percent.

The airline launched 10 domestic routes in October as well as the first international flights out of Iloilo – Iloilo-Hong Kong and Iloilo-Singapore – in November as well as the Cebu-Bangkok and Cebu-Kuala Lumpur flights next month.

Last Nov. 15, Cebu Pacific awarded its 70 millionth passenger barely two years after President Aquino awarded the airline’s 50 millionth passenger. 

 

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