Cebu Pacific shares rise 18.6% year-to-date

inquirer.net

Cebu Pacific's shares have risen 18.6% this year, reflecting a strong recovery in passenger volume. The airline reported a 31.7% increase in fourth-quarter passengers and continued growth of 33.3% in January, aided by new routes and a larger fleet. The airline plans to grow its seat capacity by 20% in 2025 while reducing capital expenditures from P60 billion to P30 billion. A weaker dollar and lower oil prices are expected to further benefit Cebu Pacific, as most of its costs are dollar-denominated. However, increased operational costs at Ninoy Aquino International Airport may impact profits. Cebu Pacific anticipates an additional P600 million in costs per quarter, which could affect margins until these costs are passed on to passengers.


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