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Cebu Air, Inc. ( PSE : CEB ), operating as Cebu Pacific (stylized in lowercase ), is a Philippine low-cost airline based at Pasay in Metro Manila. Founded in 1988, [ 2] it is Asia's first low-cost airline and the Philippines' largest leading airline. [ 7][ 8][ 9] It offers scheduled flights to both domestic and international destinations.
The airline is the largest low-cost carrier in the continent. An IndiGo Airbus A320neo. The airline is the largest operator of A320neos. A Cebu Pacific A330-300 approaching Ninoy Aquino International Airport in Metro Manila, Philippines HK Express Airbus A320-200 Flydubai Boeing 737-800 approaching Dubai International Airport, UAE.
The airlines are two competing low-cost carriers in the European market. A low-cost carrier ( LCC) or low-cost airline, also called no-frills, budget, or discount carrier or airline, is an airline that is operated with an emphasis on minimizing operating costs. It sacrifices certain traditional airline luxuries for cheaper fares.
PAL Express is Philippine Airlines' answer to Cebu Pacific 's dominance in the low-cost travel market in the Philippines. It has allowed PAL to focus on the premium market, where PAL does not have competition among other airlines. [4] PAL Express gained a significant increase in passengers following its launch as a low-cost carrier. [4]
Philippines AirAsia, Inc. is a Philippine low-cost airline based at Ninoy Aquino International Airport in Pasay, Metro Manila. [6] The airline is the Philippine affiliate of the Malaysian AirAsia . The airline started as a joint venture among three Filipino investors and AirAsia Investments Ltd. (later AirAsia Aviation Limited), a subsidiary of ...
There are two main domestic airline groups doing business as Philippine Airlines and Cebu Pacific, with AirAsia Philippines competing on some international routes. The domestic market is dominated by the Cebu Pacific group which has a 53% market share, followed by the Philippine Airlines group which has 31%, followed by AirAsia, having a 16% share.