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Cebu Pacific (PSE: CEB), the Philippinesβ leading carrier, has been named one of Asiaβs Best Companies in the 2025 FinanceAsia Awards, securing Silver in the Transportation category. CEB stands out as the only Philippine airline and one of just four carriers across Asia recognized by the prominent regional financial publication.
The annual FinanceAsia Awards highlight companies that demonstrate excellence in corporate governance, investor relations, and overall financial performanceβareas where Cebu Pacific has consistently delivered strong results.
βOur leadership in Philippine aviation is built on thoughtful decisions, financial discipline, and resilient operations,β said Xander Lao, Cebu Pacific President and Chief Commercial Officer. βThis award affirms our long-term commitment to responsible growth and customer-focused service.β
The recognition comes as Cebu Pacific accelerates its strategic expansion. In 2024, the airline signed a historic agreement with Airbus for up to 152 A321neo aircraftβthe largest aircraft order in Philippine aviation history. It also launched 28 new routes (19 domestic and 9 international), connecting more travelers to emerging destinations such as Chiang Mai, Kaohsiung, and Sapporo.
Cebu Pacific is also building its regional presence with new hubs in Davao and Iloilo, complementing its main operations in Manila, Cebu, and Clark.
Further strengthening its global ties, CEB recently signed an MoU with flyadeal, Saudi Arabiaβs fastest-growing low-cost carrier. Under the agreement, CEB will wet-lease two A320s to flyadeal for Saudiβs summer peak, with plans for a reciprocal arrangement during Southeast Asiaβs winter surge.
These bold moves are aligned with the airlineβs target of flying 30 million passengers in 2025, powered by a growing network and modernized fleet.
As of today, Cebu Pacific operates flights to 37 domestic and 26 international destinations, covering key cities in Asia, Australia, and the Middle Eastβbringing more Filipinos and travelers closer to where they need to be, affordably and reliably.