Cebu Pacific, in a disclosure last weekend, is set to start offering direct flights between Clark, Pampanga and Guangzhou, China. This is in response to the increasing demand for business and leisure trips. According to the firm, next month is the target date wherein it will launch Philippines ‘ first-ever direct flight linking Clark and Guangzhou. Since there is no air carrier who offers this kind of flight yet, Cebu Pacific will be the first one to provide this service. The flight will begin on November 11 and will operate 4 times a week—Monday, Wednesday, Friday, and Saturday. Departure will be at 11:35 PM and the flight will return at 3:15 AM the next day.
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The opening of this new route is Cebu Pacific’s response to increasing demand for business and leisure trips. It seems like more and more passengers are traveling from and to the Philippines and Guangzhou. Aside from it, the firm also expects that it will further improve the potential for investments in the special economic zones in Central Luzon which includes the 9,450-hectare New Clark City. The Clark International Airport is just close to the Manila-Clark passenger railway that connects Manila to Clark and to a cargo railway that links Subic to Clark. Both of these railways will be operational by 2022.
With the new direct flight between Clark and Guangzhou, it will be easier for businessmen and entrepreneurs in the e-commerce industry to meet up with suppliers in China, especially that Guangzhou is a haven for retail and popular consumer goods of wholesalers. It is also one of China’s nine National Central Cities. Entrepreneurs don’t have to fly several times just to get to this central city. Cebu Pacific will help businessmen save time, especially when buying their supplies.
Cebu Pacific currently flies 27 times per week between the Philippines and China. It has direct flights between Manila and Cebu and Shanghai and Manila and Beijing, Xiamen, Guangzhou, and Shenzhen. The firm has recorded a 116% net income growth during the first half of the year because of its increase in passenger volume and higher average fares. In 2018, the airline company reported a 50.6% decline in net income. The challenging macro environment was one major reason for this decrease. From P7.9 billion in 2017, the figure fell to P3.9 billion in 2018 in terms of net income and from P68.03 billion, it came up to P74.1 billion in terms of revenues.