Finance
Cebu Pacific to boost holiday flight routes with Bulgaria Air partnership
Published by Global Banking and Finance Review
Posted on October 31, 2025
2 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 31, 2025
2 min readLast updated: January 21, 2026
Cebu Pacific partners with Bulgaria Air to expand holiday routes, operating two Airbus A320ceo on four domestic routes, boosting travel options through December 2025.
By Xinghui Kok
SINGAPORE (Reuters) -Philippine budget airline Cebu Pacific on Friday unveiled a partnership with Bulgarian national carrier Bulgaria Air that will run through December 2025 and January 2026.
Two Airbus A320ceo aircraft will operate on four domestic routes from Manila to Cebu, Davao, Iloilo and Cagayan de Oro, Cebu Pacific said. Bulgaria Air will provide the aircraft, pilots, maintenance and insurance, while Cebu Pacific will provide the cabin crews.
"By increasing flight frequencies, deploying widebody aircraft and supplementing our fleet through a damp lease with Bulgaria Air, Cebu Pacific is strategically positioned to capture peak travel demand and sustain our growth momentum into the holiday season," Cebu Pacific CEO Mike Szucs said at a briefing.
The airline said it carried nearly 20 million passengers from January to September this year, a 13.9% increase from a year earlier. It said its domestic passenger count grew 12.7% to 14.9 million, while the number of international passengers rose 17.7% to 5.1 million.
In May, Cebu Pacific said it would lease two Airbus A320 jets to Saudi budget carrier flyadeal to generate revenue from excess capacity during the low season.
(Reporting by Xinghui Kok; Editing by Thomas Derpinghaus)
A partnership is a formal arrangement in which two or more parties agree to manage and operate a business together, sharing profits and responsibilities.
Aircraft leasing is a financial arrangement where an airline rents an aircraft from a lessor for a specified period, allowing the airline to operate flights without purchasing the aircraft outright.
Holiday travel refers to trips taken for leisure or vacation purposes, often during holiday seasons when people take time off work to relax and explore new destinations.
The Airbus A320 is a family of narrow-body commercial aircraft designed for short to medium-haul flights, known for its fuel efficiency and advanced technology.
Passenger growth in aviation refers to the increase in the number of travelers flying on airlines, often measured over specific periods to assess the industry's performance.
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