Cebu Air, the listed operator of budget carrier Cebu Pacific, posted a net loss of P7.3 billion (US$152.6 million) in the first quarter of 2021, as the Philippines struggles to contain COVID-19 infection cases, Business World reports. Cebu Air's net loss is 516% higher than the US$25.1 million net loss…
Cebu Pacific Air, a no-frills airline in the Philippines, is seeking a $500 million investment to strengthen its balance sheet. “We need to create a longer runway for CEB so that we can continue providing affordable and accessible air transport services for everyone,” Lance Gokongwei, the airline's president and chief…
On Monday, Airbus announced that Philippine carrier Cebu Pacific signed a firm order for 16 of their A330neo widebody jets. The deal is valued at $4.8 billion and represents the widebody portion of a Memorandum of Understanding signed by Cebu Pacific and Airbus at the Paris Air Show in June…
Philippine low-cost carrier Cebu Pacific placed a major order for new generation aircraft from Airbus on the second day of the 2019 Paris Air Show. The Manila-based carrier will begin operating A330neos and A321XLRs in a move that will enable the airline to expand to more destinations throughout the Asia…
Based at Manila International Airport, the low-cost airline Cebu Pacific has been operating now for 21 years. The airline is the second largest in the Philippines and serves destinations in Asia, the Middle East, and Australia. As a low-cost carrier, Cebu Pacific has successfully dominated the domestic market in the…
