Cebu Pacific carries 18 million passengers by August, on track to meet annual target

Cebu Pacific is on track to meet its annual passenger target after reaching 18 million passengers by August.

The airline saw a slight decrease in August passenger numbers compared to the previous year but improved its load factor to 83.7 percent.

Despite a four percent drop in domestic passengers, a 13 percent surge in international travel compensated for the decline.

From January to August, Cebu Pacific's overall passenger traffic increased by 15 percent to 18.1 million.

Domestic passenger volume grew by 14 percent to 13.5 million, while international passenger volume rose by 19 percent to 4.6 million during the same period.

Cebu Pacific aims for a 20 percent increase in passenger numbers this year, potentially reaching close to 30 million passengers.

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