CEB Investors' and Analysts' Briefing 2Q11 - Cebu Pacific Air

Load Factors Hit All-Time High
CEB posted record seat load factors of 88.6% in 2Q2011 and 87.8% in 1H2011.
Total passenger volume grew 14.8% YoY in 2Q2011 and 13.4% YoY in 1H2011, led by the international
segment.
Load
Factor
80.9% 78.0% 77.4%
85.4% 85.4%
87.8% 88.2%
88.6%
(m)
10.5
9.0
7.5
6.0
4.5
3.0
1.5
CAGR: 24.4%
6.7
5.4 1.4
1.0
5.3
4.4
8.7
1.6
7.1
10.4
2.2
8.2
YoY Growth:
13.4%
5.2
1.1
5.9
1.4
4.1 4.5
YoY Growth:
14.8%
2.7
0.6
3.1
0.7
2.1 2.4
2Q11 Y-o-Y Growth
Passengers 14.8%
Domestic 13.1%
International 21.0%
Seats 14.2%
Domestic 10.5%
International 28.2%
1H2011 Y-o-Y Growth
Passengers 13.4%
Domestic 10.1%
International 26.0%
Seats 10.2%
Domestic 5.5%
International 28.1%
-
2007 2008 2009 2010 1H10 1H11 2Q10 2Q11
6
Domestic
International