MANILA, Philippines - Gokongwei-led Cebu Pacific Air aims to fly 12 million passengers in 2011, up 18% from last year's.
It depends largely on its international operations to contribute to the growth goal. "Internationally, we plan to grow our passenger base by 35%," Candice Iyog, vice president for marketing and distribution, wrote in a statement.
The growth will be fueled by new capacities coming in. An Airbus A-320 will be delivered by end-January. It is the airline's 25th brand new Airbus in a fleet considered as one of the youngest in Asia.
Four more brand-new aircrafts will be delivered in 2011, Iyog added. By the end of 2011, it will have an operating fleet of 37 aircrafts that have an average age of less than 2.5 years.
Among its regional routes, the North Asia operations is eyed to contribute 20% more.
Cebu Pacific mounts 80 weekly flights from the Philippines to Greater China (Beijing, Shanghai, Guangzhou, Taipei, Macau and Hong Kong)
Additional flights will be mounted for Beijing and Guangzhou this year.
It will also add flights to a South Korea destination - Busan - by June, this time from Manila. Flights to Busan currently originate from Cebu.
Cebu Pacific flew 10.4 million passengers in 2010, a 19% increase from 2009's.
International operations grew by 38% in 2010.