21% Passenger Growth, Operational Gains Lift Cebu Pacific Q2 Profit

​Cebu Pacific (PSE: CEB), the Philippines’ leading carrier, reported a net income of P8.5 billion for the second quarter of 2025, fueled by robust passenger growth, improved operational efficiency, and disciplined cost management

​The airline flew 7 million passengers during the quarter, up 16% from last year, as both domestic and international markets posted double-digit growth. Domestic traffic rose 14% to over 5.1 million, while international traffic jumped 23% to 1.8 million, supported by the April Easter holiday and a strong peak travel season. This surge in demand pushed Seat Load Factor to 85.9% and significantly boosted revenues across the business.

Passenger revenue grew 29% to P23.1 billion, ancillary revenue rose 16% to P8 billion, and cargo revenue increased 32% to P1.8 billion. This strong revenue performance drove operating income up 110% to P6 billion from P2.8 billion a year ago.

For the first half of 2025, Cebu Pacific generated P63.3 billion in total revenue, up 23% year on-year. Passenger numbers climbed 21% to 14 million, lifting passenger revenue by 24% to P44.2 billion. Ancillary revenue grew 19%, while cargo revenue rose 33%.

The airline’s growth was underpinned by a 17% increase in flights and a 22% rise in Available Seat Kilometers (ASK), as Cebu Pacific continued transitioning to a more fuel-efficient, higher-capacity NEO fleet. By mid-year, the airline operated over 3,300 weekly flights across 124 routes with a fleet of 99 aircraft.

CEB ended the first half of 2025 with operating income of P7.9 billion, 44% higher than same period last year, while net income reached P9.0 billion, up 153% from P3.5 billion in 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” said Michael Szucs, Chief Executive Officer of Cebu Pacific. “With the Philippines’ growing economy, favorable demographics and expanding tourism sector, we remain well positioned to drive long term growth in low-cost travel.” he added.