Cebu Pacific captures more than half of the domestic air cargo market

2013-6-4

Budget carrier Cebu Pacific has clinched more than half the domestic air cargo of the Philippines in the first quarter, the airline said in a statement based on data gathered from the Civil Aeronautics Board (CAB).
The carrier cornered 51 per cent of the domestic air cargo market for three months ended March 31, beating the cargo loads of other local carriers, it said.
Cebu Pacific carried 23 million kilogrammes of cargo, much better than the combined cargo loads carried by both Philippine Airlines (PAL) and PAL Express, which amounted to a total cargo volume of 17.5 million kilogrammes, according to Manila's Business World.
Cebu Pacific said the sustained market share is attributed to their extensive and expanding network in the country, multiple daily flight schedules and competitive rates. All these enabled the airline to lead in domestic cargo services since 2009, Cebu Pacific said in the same statement.
"We are very thankful for the support of cargo forwarders and shippers as we bring their cargo to various Philippine destinations in the soonest possible time," said Candice Iyog, Cebu Pacific vice-president for marketing and distribution.
Cebu Pacific said it serves 2,000 cargo accounts, with cargo products customised to the client's domestic and international cargo needs.
The airline said its fleet of 43 aircraft is one of the most modern aircraft fleets in the world, having 10 Airbus A319s, 25 Airbus A320s and eight ATR 72-500 aircraft. Between 2013 and 2021, the airline is expecting to take delivery of 17 more Airbus A320, 30 Airbus A321neo and four Airbus A330 aircraft.

Source: transportweekly
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