Boracay Closure Won’t Stop Growth Says Bullish Cebu Pacific

A bullish Cebu Pacific Air,  the Philippines’  largest airline, is forecasting passenger growth of 12% for 2018 despite the controversial closure of key destination Boracay for  six months from April 26. Cebu says the dramatic increase – which compares to 3% total growth through 2017 – will be driven by its rapidly expanding international network with markets such as Sydney, Dubai, Hong Kong, Narita, Taipei and Incheon performing strongly and new routes planned. 

“Despite the challenges posed by higher prices of petroleum products, the weakening of the Peso versus the US Dollar, security concerns and travel advisories, we have remained relatively resilient,” said Atty. JR Mantaring, Vice President for Corporate Affairs of Cebu Pacific.

“To reach our goal of flying 22 Million passengers this year, we remain committed to offering a compelling route network where we can meet rising demand and sustain our year-round low fare proposition.” 

Cebu has cut most of its flights to Boracay, the most popular tourist destination in the Philippines, after president Rodrigo Duterte called the island a “sewere pool” and ordered its closure for a unprecedented cleanup.

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