Cebu Pacific

  • Manila
  • Mactan -Cebu
  • Mindanao

Cebu Pacific is a Philippine airline based in Metro Manila.

History

Cebu Pacific was founded in March 1996. JG Summit Holdings is the owner. The airline has set itself the goal of becoming a pure low-cost airline. With the planned fleet in the coming years magnification Cebu Pacific wants to grow in Southeast Asia and is thus in competition with airlines such as Tiger Airways from Singapore or Air Asia from Malaysia. On the Philippine domestic routes Cebu Pacific has in 2007 with 4.46 million passengers, representing a market share of 43 %, for the first time carried more passengers than the previously leading PAL. 2008, the market share increased to 45.6 % in passenger traffic, and in 2010 it was 48.2 %. Also in cargo traffic Cebu Pacific has the market share in recent years steadily expanded and now lay in 2010 was 51.6 %.

Since March 2010 is Cebu Pacific, as well as all other airlines in the Philippines (except Philippine Airlines ), on the blacklist of the European Union, a flight operations in the EU is therefore prohibited. The European Commission based this step that the authorities responsible for the supervision of approved facilities in the Philippines aviation transport companies authorities are not sufficiently able to address safety deficiencies as evidenced by a study of the International Civil Aviation Organization in the fall of 2009. Thus, according to the principle of prudence all Philippine Airlines a flight operations in the EU was prohibited. On 10 July 2013, the European Commission has canceled due to an improvement in the safety supervision by the competent authorities of the Philippines, the ban on flights in the EU airspace for the Philippine Airlines. For all other Philippine airlines including Cebu Pacific, the flight ban, however, still remains. The EU justified this by saying that Philippine Airlines could be as the only carriers of the Philippines certified to ensure effective compliance with relevant regulations.

In March 2010, Cebu Pacific called Light Fares introduced, especially cheap ticket prices for passengers, which lead only hand luggage, but beyond that to give up no more luggage.

An IPO was initially planned for 2008 but was postponed indefinitely because of the then uncertain due to the financial crisis environment on the stock exchanges. In 2010, these plans were resumed. Admission to the IPO was approved by the Philippine Stock Exchange on 24 March 2010. With the placement of shares on the international markets, the banks were JP Morgan and German bank entrusted. The share issue and listing on the PSE was the end of October 2010. Were sold 186.6 million shares at the initial public offering, representing a 30.4% share of all available papers. The airline was able to collect 23.3 billion PHP, thus achieving a higher return than any other budget airlines had achieved worldwide at an IPO ever.

Cebu Pacific is a point - to-point carriers, that is no associated Flights within the route network offered by the airline. After Cebu Pacific was initially known for punctuality of flights, this property has declined dramatically in the following years. Cebu Pacific is famous nationally for its delays or cancellations of flights. Media reports in April 2009, according to a third of flights were delayed around. According to information from Cebu Pacific, the punctuality rate of 68.7 % in January 2009 to 91.7 % in the meantime in September 2010 has improved, but again somewhat deteriorated in the following months so that they then were up 80 % on average. In the years 2011 and 2012, the punctuality rate dropped sometimes decreases to 62.2% and since then varies greatly. After the punctuality again was above 80 % in early 2013, they fell to the April 2013 again from 64.5 %. Add the information to the waiting passengers at the airports is the reason for the delays often the congestion in the air at the NAIA in Manila called.

2012 reported that Cebu Pacific, are that 2013/2014 more new A320 and A330 incorporated into the fleet. Cebu Pacific plans, from the 3rd quarter of 2013 [ deprecated] also operate long distances and for this use the new A330.

In January 2014 it was announced that Cebu Pacific acquires 100 % stake in Tigerair Philippines. In the course of a closer cooperation with the Tigerair resident in Singapore, it was agreed that the two companies enables optimization of routes and expansion of networks. Tigerair Philippines will continue to operate under the brand name Tigerair.

Objectives

Initially, Cebu Pacific flew mainly on national calls within the Philippines, by and by international destinations were added in Southeast Asia. In Germany, currently (as at May 2013) Manila, Clark, Laoag, Tuguegarao City, Cauayan City, Naga City, Virac, Legaspi, San Jose, Masbate, Coron, Tacloban City, Siargao, Surigao City, Puerto Princesa, Kalibo, Roxas City, Iloilo City, Bacolod City, Boracay ( Caticlan ), Cebu City, Tacloban City, Tagbilaran ( Bohol ), Dumaguete, Dipolog City, Pagadian City, Ozamis City, Butuan City, Cagayan de Oro, Camiguin ( Mambajao ), General Santos, Tawi - Tawi, Zamboanga City, Pagadian, Cotabato and Davao fly. Among the international destinations include Singapore, Jakarta, Bali, Kuala Lumpur, Bangkok, Siem Reap, Ho Chi Minh City, Hanoi, Macau, Hong Kong, Guangzhou, Shanghai, Xiamen, Beijing, Taipei, Incheon, Pusan, Osaka, Kota Kinabalu, Brunei and Dubai.

Fleet

As of October 2013, the fleet of 46 aircraft from Cebu Pacific is with an average age of 4.1 years:

Incidents

  • On February 2, 1998, a Douglas DC-9 was lost in a crash.
  • On the evening of June 2, 2013, an Airbus A320 Cebu Pacific failed in bad weather runway of the Francisco Bangoy International Airport in Davao City, and came to a stop off the runway with eingeknicktem nose wheel. All 165 passengers on board and the crew members survived the accident without any major injuries. As a result of the incident, the airport of Davao City for 2 days for commercial air traffic was closed until the accident investigation and the recovery of the aircraft was completed. According to the Civil Aviation Authority of the Philippines CAAP a pilot error was the cause of the accident. The two pilots, especially the failure of immediate emergency evacuation, flight permit for three and six months was then due to misconduct, revoked.

Trivia

  • The flight attendants of Cebu Pacific moderate during the flight called Fun Games, where passengers can win rate and skill games small souvenirs such as bags, caps and the like.
  • In the fall of 2010, the safety instructions on the route Manila- Butuan by the flight attendants were paraded dancing to a choreography. Following positive feedback from passengers, the airline is now planning to extend this to other flights. Because this action took place only shortly before the IPO of Cebu Pacific, is spoken in this context of a well-placed PR campaign.
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