Cebu Pacific reviews fuel costs, routes amid rising oil prices

BUDGET CARRIER Cebu Pacific said it is reviewing jet fuel costs and network strategies to cushion the impact of rising global fuel prices despite growth in passenger volume.

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“[W]e remain cognizant of the ongoing crisis and uncertainty in the Middle East, and the impact of sharply increasing fuel prices on our business,” Cebu Pacific Chief Executive Officer Michael B. Szücs said in a statement last week.

For the first two months of the year, Cebu Pacific logged 5.07 million passengers, up 7% from 4.74 million in the same period in 2025.

Domestic passengers accounted for the majority of the total at 3.74 million, while international passengers reached 1.33 million during the period.

“Our operating fundamentals — including our robust domestic network, modern fuel-ef-ficient fleet, and low-cost structure — provide us relative advantages as we navigate these headwinds. We will continue to review pricing and network strategies to ensure we minimize the negative impact of the higher fuel prices,” Mr. Szücs said.