Cebu Pacific, the country’s leading low-cost carrier, narrowed its net loss by nearly 44 percent in 2022, thanks to the uptick in travel following the easing of restrictions. The Gokongwei Group company on Tuesday (March 28) said net loss fell to P14 billion ...
Cebu Pacific is well on its way to full recovery after posting stellar numbers for 2022. Based on data from the Civil Aeronautics Board, the airline owned by the Gokongwei Group flew 13.5 million domestic passengers last year, up 312 percent from ...
Budget carrier Cebu Pacific announced that it will receive 11 more aircraft worth roughly $2 billion (about P111.8 billion) next year which will enable it to boost capacity, grow its route network and completely restore its operations pre-pandemic. The 11 new engine option ...
Philippine Airlines is launching direct flights between Cebu and Baguio in December and it’s significant in more ways than one. Besides connecting passengers between Central Visayas and Northern Luzon, the route sees PAL’s return to Baguio, which is the first destination in the ...
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An award-winning airline has announced that it is looking to onboard “a significant number” of new employees from the Philippines to support its global operations and enhance customer experience over the coming months.” In a news release, Qatar Airways said that, starting September ...
Philippine Airlines reported operating income of $125 million (about P6.6 billion) and net comprehensive income of $71 million (about P4.2 billion) for the first six months of 2022. This is the first time the country’s flag carrier posted positive income since 2016. Total ...
The country’s biggest budget carrier continued to bleed from the effects of the pandemic, but it sees a rebound in the travel market by the second quarter of this year. Cebu Air Inc., the operator of budget carrier Cebu Pacific, reported P15.7 ...
Cebu Pacific reported losses of P21.99 billion in the first nine months of 2021, higher by nearly 41 percent compared to the P14.69 billion net loss during the same period last year. In a filing with the Philippine Stock Exchange Cebu Air ...
Four Airbus A350s that were previously leased to Philippine Airlines will soon fly under the European airline Lufthansa. And a travel website claims that the ex-PAL planes actually have better business class seats than those of the German flag-carrier. According to Executive Traveller, ...
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