Cebu Pacific Reports PHP8.5B Q2 Profit Amid Strong Passenger Growth and Operational Efficiency

Cebu Pacific, the Philippines’ largest low-cost airline, posted a robust PHP8.5 billion net income for the second quarter of 2025, driven by a surge in passenger volume, strategic cost management, and enhanced operational performance.

The carrier flew 7 million passengers during the April to June period — an impressive 16% increase compared to the same quarter last year. Domestic travel accounted for over 5.1 million passengers, up 14%, while international traffic surged 23% to 1.8 million passengers. The strong numbers were attributed to the extended Easter holiday in April and a buoyant peak travel season, leading to a seat load factor of 85.9%.

Revenues reflected this growth, with passenger revenue climbing 29% to PHP23.1 billion. Ancillary revenue grew by 16% to PHP8 billion, while cargo operations delivered a 32% increase, generating PHP1.8 billion. Overall, operating income more than doubled to PHP6 billion, up from PHP2.8 billion in Q2 2024.

For the first half of 2025, Cebu Pacific reported a 23% year-on-year revenue growth, reaching PHP63.3 billion. Total passenger count rose 21% to 14 million, lifting passenger revenue by 24% to PHP44.2 billion. Ancillary and cargo revenues also expanded by 19% and 33%, respectively.

The airline’s rapid recovery and profitability were supported by a 17% increase in flights and a 22% rise in Available Seat Kilometers (ASK), as it continues its fleet modernization program. By mid-2025, Cebu Pacific operated 3,300 weekly flights across 124 domestic and international routes, supported by a 99-aircraft fleet — many of which are fuel-efficient NEO models.

Operating income for the first half totaled PHP7.9 billion, a 44% year-on-year increase. Net income soared to PHP9.0 billion, up 153% from PHP3.5 billion in the same period last 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. With the Philippines’ growing economy, favorable demographics and expanding tourism sector, we remain well positioned to drive long term growth in low-cost travel,” according to Michael Szucs, Chief Executive Officer of Cebu Pacific.

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