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Mactan-Cebu International
Airport reported recently an average of 168 daily aircraft
operations (landings and take-offs). About 54% of the
flight operations at Mactan-Cebu International Airport are commercial
carriers while the remaining 46% are military aircrafts
and general aviation operations.
Over the last fifteen (16) years, Mactan-Cebu
International Airport’s passenger traffic has grown at an annual average
of 21% for International while the domestic grew at an
annual average of 5%. Mactan-Cebu International Airport
is currently served by Thirteen (13) commercial airlines and two (2) cargo
carriers.
Mactan-Cebu International Airport
is also a major cargo airport. Air cargo volume in 2007 is 53,472,924
kgs. International cargo volume increased at an average growth rate of
47% annually while the domestic cargo grew at an average
of 4% per annum.
For the period January to June 2008 aircraft movements grew by 8% for domestic and 9% for international over last year. Domestic and international passenger volume climbed by 8% and cargo volume rose by 1% for international but decreased by 1.8% for domestic.
The healthy growth rate for domestic aircraft movements was mainly attributed to the entry of new airline, PAL Express. Increased flight frequency of Mandarin Airlines and Asiana Airlines contributed to the increase of international flight movement.
Financial Performance
Mactan-Cebu International Airport Authority (MCIAA) is financially self-supporting. It operates on its own without equity infusion. It prides itself on operating financially as a successful business while serving the public interest. Its financial status shows capability of sustaining its operational/business requirements as its Net Income continue to increase in time.
As shown in the Authority's Comparative
Financial Highlights for calendar years 1991 to 2007 MCIAA earned Total
Gross Operating Income of P34,355 million, P46,596 million, P63,019 million,
P100,035 million, P130,910 million, P194,365 million, P309,794 million,
P309,157 million, P400,489 million P465,173 million, P559,413 million,
P555,297 million, P583,346 million and P676,510 million, P737,480 and
P842,607 million and P987,033 million respectively, average growth rate
is 25% to wit:
Years |
Amount (000) |
Percent (%) |
1991-92
1992-93
1993-94
1994-95
1995-96
1996-97
1997-98
1998-1999
1999-2000
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
|
P 34,355 to P 46,596
P 46,596 to P 63,019
P 63,019 to P 100,035
P 100,035 to P 130,910
P 130,910 to P 194,365
P 194,365 to P 309,794
P 309,794 to P 309,157
P 309,157 to P 400,489
P 400,489 to P 465,173
P 465,173 to P 559,413
P 559,413 to P 555,297
P 555,297 to P 583,346
P 583,346 to P 676,510
P 676,510 to P 737,480
P 737,480 to P 842,607
P 842,607 to P 987,033
|
36
35
59
31
48
59
0
30
16
20
-1
5
17
8
14
17 |
|
25% |
|