Local airlines announce revenue increase, more local and int'l flights

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Metro Manila (CNN Philippines, November 10) — A local airline reported better performance so far this year, while two others announced the launching of more local and international flights.

Cebu Pacific on Thursday said its revenues for the third quarter of 2022 soared 419% to ₱16.9 billion from ₱3.2 billion during the same period last year.

The airline attributed this to the continuous easing of travel requirements that encouraged more people to travel.

“We are encouraged by some notable improvements in our numbers amidst the ongoing challenges related to fuel and foreign exchange rates,” said Mark Cezar, chief financial officer of Cebu Pacific.

Meanwhile, Philippine Airlines (PAL) will fly more international routes from Clark International Airport.

PAL said it will launch its Clark-Busan and Clark-Seoul routes this November while its Clark-Hong Kong flights will start next month.

“We are happy to mount international flights out of Clark International Airport, which will help bring greater flows of tourists and economic activity to the Central Luzon region,” PAL President and COO Captain Stanley Ng said.

Budget carrier AirAsia Philippines recently increased its flight frequency in some key local destinations such as Cebu, Caticlan, Cagayan de Oro, Davao, Iloilo, Kalibo, Puerto Princesa, Tagbilaran, and Zamboanga.

Next month, more flights will be available for international destinations such as Bangkok, Seoul, and Hong Kong, it said.

"The growth in our number of flights to various destinations comes timely as we brace for the holiday exodus,” AirAsia Philippines Chief Executive Officer Ricky Isla noted.