Cebu Pacific CEO Mike Szucs said the airline remains well positioned given its domestic-heavy network, fleet efficiency, and strong balance sheet following record earnings in 2025.
“We want to emphasize that Cebu Pacific remains very well positioned in the current environment relative to the competition, as we have several advantages that provide us some commercial and financial resilience,” Szucs told investors during a briefing on Monday.
Securing near-term supply
President Ferdinand Marcos Jr. earlier warned of a “distinct possibility” of flight grounding if fuel availability tightens further.
The airline, which has the country’s largest fleet with 100 aircraft, said it has secured fuel supply until the end of April and is working on arrangements for May and beyond.
Szucs said demand remains intact, with about 80 percent of flights and 70 percent of seats domestic, limiting exposure to disruptions affecting long-haul routes where refueling constraints are more critical.
Network limits exposure
In recent days, the airline also announced the temporary suspension of select routes to manage the situation as the war in the Middle East continues.
“What we don’t want to do now is take drastic panic action when we’re actually in a very strong place… We can clearly ride this out unlike others,” he said.
Strong balance sheet advantage
The carrier ended 2025 with about P22 billion in cash, providing what management described as a long liquidity runway.
Its net income in 2025 more than doubled to P12.3 billion while revenues soared 14 percent to nearly P120 billion, a record high. —Edited by Miguel R. Camus
