More than 50,000 seats are on sale through Sunday at the price, which excludes taxes and surcharges, the airline said in a statement the other day.
The tickets can be used between June 20 and Oct. 18.
"Its about making flying more affordable to more people and now were giving out our seats practically for free, almost anyone can fly," Cebu Pacific general manager Bong Mojica said in the statement.
Mojica said one part of the promotion was to encourage customers to think ahead to book reservations. "We want Filipinos to realize that the earlier they book their tickets, the less they really end up paying for them," he said.
The best way to reserve tickets was through the Cebu Pacific Web site, Mojica said.
The company, also known as Cebu Air Inc., recently marked 10 years with a promotion sale of 154,000 seats at P10 each.
The airline, owned by conglomerate JG Summit Holdings Inc., recently acquired 12 new Airbus A319s. AP