CEBU Pacific on Monday said net income more than doubled to P12.30 billion last year, from P5.40 billion in 2024, as the airline flew a record 26.9 million passengers.
In a statement, the airline said revenues also hit a record P119.9 billion, up 14 percent from P104.90 billion and driven by increases in both passenger and cargo revenue.
"Our 2025 financial results demonstrate the returns of strategic investments in capacity growth, fleet modernization and operational integrity," Cebu Pacific Chief Financial Officer Mark Cezar said.
"The larger, more fuel-efficient A330NEOs and A321NEOs helped deliver improved seat economics network-wide," he added.
“Together with our focus on efficiency, this helped mitigate the increased expenses for the whole year in terms of maintenance, airports and fleet-related costs due to grounded aircraft."
Passenger revenue rose 13 percent to P80.80 billion, with total passengers flown up 10 percent from 24.5 million a year earlier, supported by a healthy 84 percent seat load factor.
Domestic passenger traffic rose 8 percent to 20 million passengers, while international traffic grew 14 percent to 6.9 million passengers.
Ancillary revenue rose 14 percent to P32 billion, while cargo revenue grew 27 percent to P7.20 billion with 215 million kilos of cargo carried.
The airline said it was now the largest operator of Airbus A330NEO aircraft in Asia with a fleet of 14 wide-body jets.
It added that it expected seven deliveries this year while retiring seven older-generation aircraft, retaining its fleet size at 100 while increasing the proportion of seats on new-generation aircraft.
Cebu Pacific said the investment in new aircraft would enhance fuel efficiency, reduce unit costs, and support sustainable growth as it continues to fly to 63 destinations, 37 domestic and 26 international, through a total of 125 routes with over 3,200 weekly flights.
Shares of Cebu Air Inc., the airline’s operator, added P0.10, or 0.34 percent, to close at P29.95 each on Monday.
