Airbus: Philippines is an Aviation Mega City

Following two major multimillion dollar orders from the country's two main carriers and the recent delivery of Cebu Pacific's first A330-300 long-haul aircraft, Airbus is now viewing the Philippines as one of the key aviation markets in the Asia Pacific region.

Image Source: Wikimedia
Airbus estimates that in eight years, the Philippines will be home to one of the world's aviation mega cities. According to Simon Azar, a senior analyst at Airbus, the company sees the largest growth in the Asia Pacific region in the Philippines stating that it's a huge growth market for the future.

"The middle population is able to travel more and that's a substantial market for the airlines including the Philippines," says Azar. "That's why you can see a lot of growth in the Philippines in the coming years."

Domestic passengers rose in the country by nearly 10% in 2012 to 20.56 million compared to just 18.77 million in 2011. International traffic is seeing healthy growth as well showing an increase of nearly 7% when comparing 2012 to 2011 figures.

The Airbus Media Relations Manager for Southeast Asia, Alizee Genilloud, said the country will become one of the eight new aviation megacities in the world by 2021. What that means is that the Philippines is expected to be home to more than 10,000 daily long-haul passengers in the coming years.

The company shared that passenger traffic growth is strongest in Asia at present and that of the more than 600 aircraft that are to be delivered by Airbus in 2013, approximately 24% will be destined for Asian carriers.

Cebu Pacific and Philippine Airlines currently have 171 orders of aircraft on record with Airbus of which 60 have already been delivered. That does not account for Airbus orders via parent companies of Philippine carriers, Tiger Airways Group and Air Asia Group where Airbus is the manufacturer of choice.

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