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MANILA, Philippines - Budget airlines flew three out of four domestic passengers last year, according to the country's leading low-cost carrier (LCC).
In a statement, the operator of Cebu Pacific said LCCs accounted for 96 percent of the growth in domestic airline travel in the six year period ending 2011.
As average airfares fell by a third from a decade ago because of LCCs, Filipinos now can afford to travel three to four times a year, Cebu Pacific said.
“This is mainly driven by the low fares offered by LCCs such as CEB. By unbundling services such as baggage and meals, customers are given the choice to buy only the services they want to pay for. Full service or legacy carriers continue to bundle all their services into the fare, something new air travellers have rejected. Cebu Pacific continues to remain focused on stimulating travel demand in the Philippines. We’ve seen this in every market we operate and call this the Cebu Pacific effect,” Candice Iyog, Cebu Air Inc. vice president for marketing said.
She said CEB plans to broaden its route network next year with long-haul flights, adding that passenger growth would average 10 to 15 percent a year.
"We expect delivery of 56 brand-new Airbus A320s, A321neo and A330s until 2021, so we can offer more route, flight and destination choices to our passengers,” she said.
CEB operates 10 Airbus A319s, 20 A320s and eight ATR-72 500 aircraft. Its fleet of 38 aircraft – with an average age of 3.6 years – is the largest and youngest in the Philippines.
Cebu Pacific flies to 32 domestic and 19 international destinations, such as Beijing, Osaka, Seoul, Siem Reap, Hanoi, Xiamen, Shanghai, Taipei, Brunei, from hubs in Manila, Cebu, Clark and Davao.
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