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Cebu Pacific’s first-half cargo revenues up 27% from year ago

Aviation Updates Philippines – Cebu Pacific (CEB), the Philippines’ leading carrier, reported a 27 percent growth in cargo revenues in the first half of 2021 versus the same period last year due to stronger demand for air cargo amid the COVID-19 pandemic.

Photo from Air Cargo Week

Revenues from cargo flown reached P2.81 billion in the first six months of 2021, 27% higher compared to P2.22 billion in the same period last year. Cargo sales in the first half accounted for 48% of total revenues. Cebu Pacific transported 53.8 million kilograms worth of shipment from January to June this year.

In the second quarter of 2021, CEB carried a total of 28.7 million kilograms of goods across its domestic network and international destinations.

International cargo remains a key component with top commodities such as electronics, automotive parts, aquaculture products, medical goods, fruits, and flowers.

Throughout the pandemic, CEB remained agile by exploring alternative revenue streams to boost its cargo operations. Some of these initiatives included the introduction of hybrid flights with one sector carrying passengers, while the other carries purely cargo.

“We continue to make sure the transport of essential goods remains unhampered as we ramp-up our cargo operations and capabilities. This past year has enabled us to pivot our business and focus on maximizing the use of our fleet, including our freighters, to ensure logistics support is fully covered,” said Xander Lao, Chief Commercial Officer at Cebu Pacific.

The airline also continues to transport life-saving vaccines from abroad to the Philippines, and across its widest domestic network. To date, it has already carried over 16.5 million vaccine doses from China, on top of over 7 million flown across 23 provinces in the country.

For future cargo-related transactions with Cebu Pacific, reach out to the CEB Cargo Teams through [email protected] and [email protected]

CEB operates the widest domestic network in the Philippines covering 31 destinations, on top of its eight (8) international destinations. Its 74-strong fleet, one of the youngest in the world, includes two (2) dedicated ATR freighters and one (1) A330 freighter.

Press release from Cebu Pacific Cargo

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