Q3 2025 Cebu Air Inc Earnings Call Transcript
Good day, everyone. Welcome to Cebu Pacific's investor briefing for the third-quarter of 2025. The third quarter results reflect a return to the pre-pandemic pattern of lean travel demand in the Philippines. Key factors influencing this year's performance include the earlier start of the school season, which moved from late July last year to mid-June this year, and the onset of the rainy season with frequent weather disturbances that typically dampen passenger traffic compared to the second quarter summer peak.
We use this period to strategically manage capacity, moderating flights and seat growth while conducting scheduled maintenance activities. This disciplined approach ensures that as we enter the fourth quarter, our operations remain resilient and well prepared to capture stronger travel demand during the holiday season.
For the third quarter, CEB posted revenue of PHP24.3 billion, up 5% year-on-year. The earlier school opening contributed to softer domestic travel, offset by continued growth in international passenger volumes,
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