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Cebu Pacific Air, operating as Cebu Pacific (PSE: CEB) and stylized as cebu pacific, is a Philippine low-cost airline based on the grounds of Mactan–Cebu International Airport (Terminal 2), Lapu-Lapu City, Metro Cebu, Philippines. Founded in 1988, it is Asia's oldest low-cost airline. It offers scheduled flights to both domestic and international destinations. Its main hubs are Cebu and Manila, with focus cities at Cagayan de Oro, Clark, Davao, Kalibo, Iloilo, and Zamboanga. In 2010, Cebu Pacific became the Philippines' largest airline based on number of passengers flown on domestic and international routes. According to Civil Aeronautics Board data, Cebu Pacific flew 2.45 million total passengers in the first quarter of 2010, nearly 110,000 more than Philippine Airlines, which carried 2.34 million systemwide during the same period.