Cebu Pacific Wins Silver In 2025 FinanceAsia Awards
Cebu Pacific (PSE: CEB), the Philippines’ leading carrier, has been recognized as one of Asia’s Best Companies in the 2025 FinanceAsia Awards, earning Silver in the Transportation category. CEB is the only airline from the Philippines and one of just four carriers across Asia recognized in this prestigious list.
FinanceAsia, a leading financial publication in the region, honors companies that excel in corporate governance, investor relations, and overall financial performance.
“Our leadership in Philippine aviation is the result of thoughtful and deliberate decisions made over time,” said Xander Lao, CEB President and Chief Commercial Officer. “We have a long-term vision, maintained financial discipline and built resilient operations to overcome challenges. These guiding principles ensure our growth remains responsible and sustainable while keeping our customers’ best interests at heart.”
The award comes as CEB ramps up its growth through fleet modernization and network expansion. In 2024, the airline signed a landmark purchase agreement with Airbus for up to 152 A321neo aircraft — the largest in Philippine aviation history. It also launched 28 new routes, 19 domestic and 9 international, connecting more travelers to top destinations like Chiang Mai, Kaohsiung, and Sapporo. New hubs in Davao and Iloilo were also added, strengthening connectivity alongside CEB’s main bases in Manila, Cebu, and Clark.
Last month, CEB signed a Memorandum of Understanding (MoU) with flyadeal, Saudi Arabia’s fastest-growing low-cost carrier (LCC). Under the agreement, CEB will wet-lease two Airbus A320s to flyadeal during the Kingdom’s peak summer travel season. A reciprocal arrangement is being explored for CEB’s winter peak in Southeast Asia.
These efforts support the airline’s goal of carrying 30 million passengers in 2025, driven by stronger hub operations and increased seat capacity across its network.
CEB currently operates to 37 domestic and 26 international destinations spanning across Asia, Australia, and the Middle East.
