Cebu Pacific reaches 18M passengers by August

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

The airline recorded 2.1 million passengers in August, with a load factor increase to 83.7 percent.

Despite a slight decrease in domestic passengers, a 13 percent rise in international traffic helped offset the decline.

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

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

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

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