PH carriers handle 10% more air cargo in Q1

0
576
PH carriers handle 10% more air cargo in Q1
Cebu Pacific ruled the list of domestic carriers carrying the most air cargo volume for the first quarter of 2023. Clark International Airport photo taken by PortCalls on May 18, 2023. All rights reserved.
  • Philippine domestic carriers handled 10% more air cargoes in the first quarter of the year
  • Of the eight reporting local carriers, five saw double- and triple-digit year-on-year growth as airlines continued to boost their flights this year
  • Cebu Pacific accounted for 37% of the total volume in the first quarter with 21.773 million kg
  • AirSwift Transport saw the biggest improvement with a 591.8% growth while Cebgo reported the biggest dip of 70.6%

Philippine domestic carriers handled 10% more air cargoes in the first quarter of the year to 59.011 million kilograms from 53.607 million kg year-on-year, according to latest data from the Civil Aeronautics Board (CAB).

Of the eight reporting local carriers on the list, five saw double- and triple-digit year-on-year growth as airlines continued to boost their flights this year.

RELATED READ: Domestic air cargo up 17.9% in 2022

Low-cost carrier Cebu Pacific accounted for 37% of the total volume with 21.773 million kg, 16.7% higher than the 18.654 million kg in the same quarter last year.

PAL Express came in second with a share of 27.4% to the total or 16.169 million kg, a 122.6% increment from the comparable period’s 7.265 million kg.

Philippine Airlines, with an 18.8% share, recorded a 43.5% decline in throughput to 11.105 million kg from 19.667 million kg.

In fourth place was AirAsia Philippines, representing 12.8% or 7.564 million kg, a 42.3% improvement from the previous 5.316 million kg.

Ranking fifth was boutique airline AirSwift Transport, Inc. with 1.131 million kg, a whopping 591.8% surge from 163,494 kg last year.

Leisure airline Seair International, Inc. reported 560,771 kg, down 30.9% from 811,443 kg.

Cebgo saw the biggest dip of 70.6% to 401,628 kg from 1.366 million kg.

Lastly, charter airline Island Aviation Corp. handled 80% more air cargo in the first quarter of 2023 with 305,805 kg from 169,433 kg in the same period last year. – Roumina Pablo