CebuPac bullish on passenger targets

CEBU Pacific is on track and will likely meet its target number of passengers this year, an executive of the country’s budget carrier said. “We are very much on track to achieving our five million target for this year,” Cebu Pacific vice president for sales Augusto Edwin Bautista told reporters. Cebu Pacific on Wednesday night partnered with Malayan Insurance in offering a comprehensive personal accident and emergency medical treatment insurance coverage for guests  traveling in the Philippines and in Asia. Bautista said he is confident that Cebu Pacific passengers are going to try the service since this is the first travel insurance product in the country that can be booked and paid on-line. “They will go for insurance. Filipinos are smart travelers. This partnership with Malayan Insurance is a boost to our passenger numbers since this is the first in Philippine aviation industry to offer travel insurance via on-line booking,” said Bautista. Cebu Pacific’s load factor is currently in the “80-percent level,” added Bautista. Cebu Pacific passengers aged one to 65 years old may avail themselves of the TravelSure product. Its premium is offered at P175 per insured guest and P75 in connection fee, for 30-day coverage. The premium is exclusive of applicable government taxes and surcharges. TravelSure provides Cebu Pacific passengers with protection from accidents and medical services of up to P1 million; recovery of lost travel documents, P20,000; loss of baggage, P50,000; baggage delay, P5,000; strikes and aircraft hijacking, P1,000; flight delay, P1,000; return of mortal remains and compassionate visit for P75,000 each. --L. Lectura

 

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