Cebu Pacific Flies 2.8 Million Passengers in First Quarter of 2011, Posts 12% Increase
The Philippines’ largest national flag carrier, Cebu Pacific (PSE:CEB) flew over 2.8 million passengers from January to March 2011, posting a 12% increase compared to the same period in 2010. This first quarter (Q1) result keeps the airline on track in achieving its 12 million-passenger target this 2011. CEB carried close to 10.5 million passengers…