Cebu Pacific, the budget carrier under the Gokongwei Group, reported a 153 percent surge in net income to ₱8.97 billion for the first half of 2025, up from ₱3.54 billion in the same period last year, driven by robust passenger growth, improved operational efficiency, and stringent cost controls.
Total revenue rose 23.1 percent to ₱63.33 billion, with passenger revenue up 24 percent to ₱44.23 billion, reflecting heightened travel demand across both domestic and international markets. The airline flew seven million passengers in Q2 alone, marking a 16 percent year-on-year increase, as holiday travel and strong seasonal traffic pushed the seat load factor to 85.9 percent.
Cargo revenue also surged 33.3 percent to ₱3.51 billion, supported by a 42.9 percent rise in cargo volume, highlighting the airline’s broader revenue diversification.
CEO Michael Szucs attributed the strong performance to the airline’s strategic investments in fleet and network expansion, as well as the favorable macroeconomic tailwinds in the Philippines, including rising tourism and a growing consumer base. “We remain well positioned to drive long-term growth in low-cost travel,” he said.
While revenue expanded, operating expenses rose 20.6 percent to ₱55.42 billion, mainly due to increased flight activity and a weaker peso, which raised dollar-denominated costs. Flying operations expenses rose 7.5 percent to ₱20.59 billion, primarily due to higher fuel consumption and expanded pilot headcount.
The financial results signal a strong commercial recovery for Cebu Pacific and reinforce its competitive positioning in the low-cost carrier segment amid rising regional travel demand.
