Budget airline Cebu Pacific flies 2.8-M passengers in Q3

Budget airline Cebu Pacific flew 2.8-million passengers during the third quarter, operator Cebu Air Inc. said Wednesday. "The airline flew almost 660,000 international and more than 2.129 million passenger domestic passengers in the third quarter 2011, compared to almost 2.5-million passengers in third quarter of 2010," the company said in disclosure with the Philippine Stock Exchange. In the nine months to, Cebu Pacific flew over 8.7-million passengers, keeping it on track for its 12 million target for 2011, Cebu Air noted. "The number of Cebu Pacific passengers grew faster than Cebu Pacific's seat capacity in Q3 2011, so we are very happy with our growth on a traditionally lean travel season domestically, said Candice Iyog, Cebu Pacific vice president for marketing and distribution. “We expect these figures to surge further upward with long holidays, more flights and four new Airbus A320 aircraft that enter into service in the 4th quarter of this year," Iyog added. — CMA/VS, GMA News