Budget carrier Cebu Pacific (CEB) has announced strong financial results for the first nine months of 2025, reporting total revenue of P87.6 billion, an 18 percent increase from the previous year.
This performance was driven by a 14 percent year-on-year increase in passengers flown, reaching 20.0 million, and a healthy seat load factor of 84.8 percent.
The airline's strong financial performance was highlighted by P22.2 billion in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), a 26 percent higher that last year, achieving a 25 percent margin. Furthermore, the core income before tax demonstrated significant growth, jumping to P2.9 billion.
With additional gains from spare engines secured from the manufacturer, net income increased to P9.5 billion, up from P3.4 billion earned in the same period last year.
For the third quarter of 2025, total revenue reached P24.3 billion, five percent higher year-on-year, despite the seasonal slowdown due to the earlier start of the academic year.
The airline flew over six million passengers for the quarter, a one percent increase year-on-year.
EBITDA grew 11 percent year-on-year to P4.8 billion, while net income amounted to P499 million, reversing a P173 million net loss in the same period last year.
CEB's growth and margin expansion were supported by an 18 percent increase in available seat kilometers on an 11 percent increase in flights year-to-date, as Cebu Pacific continued its transition to larger, higher-capacity, and more fuel-efficient NEO aircraft.
By the end of September, the airline was operating over 3,100 weekly flights across 124 routes.
"Cebu Pacific delivered a strong year-to-date performance despite seasonal headwinds in the third quarter. This reflects the resilience of our business model, the strength of underlying travel demand, and the discipline of our teams in managing cost and capacity amid an evolving operating environment," Michael Szucs, Chief Executive Officer of Cebu Pacific, said in a statement.
"We remain committed to making air travel affordable and sustainable for everyone, while ensuring efficiency and reliability as we aim for an even stronger finish to 2025," he added.
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