Cebu Pacific ranked 15th in Airline Business Magazine’s list of the world’s top 75 low-cost carriers based on 2011 passenger numbers, the same rank it held in 20120, a press release from DEB said.

It quoted Airline Business Magazine’s May 2012 issue, as saying that CEB flew 11.9 million passengers in 2011, with a 13.6 percent passenger growth compared to 2010.

It also said that CEB bested other LCCs in Asia such as India’s Spicejet (no. 19), China’s Spring Airlines (no. 23), Thai Air Asia (no. 24), Tiger Airways (no. 29) and Indonesia Air Asia (no. 33).

The world’s three largest LCCs are USA’s Southwest, Ireland’s RyanAir and UK’s EasyJet.

In its special report on LCCs world-wide, passenger traffic among the leading 75 LCCs in 2011 jumped by nearly 12 percent to 727 million passengers.

LCC passengers are highest in Europe with 37.1 percent, while North America (29.5 percent) and Asia-Pacific (21.6 percent) come in at 2nd and 3rd respectively, the press release said

Load factors, which refer to how full planes are, among more than 50 reporting carriers in 2011 were at 81 percent. CEB posted a load factor of 86.3 percent in 2011, the press release said.

Between 2012 and 2021, Cebu Pacific will take delivery of 22 more Airbus A320 and 30 Airbus A321neo aircraft orders.

It will also lease up to 8 Airbus A330-300 aircraft to serve new markets beyond the range of CEB’s current fleet of Airbus A320 aircraft, the press release said.*

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