The Philippines’ leading carrier, Cebu Pacific (PSE: CEB) once again transported COVID vaccines to Zamboanga and Tuguegarao on March 10 and 12, respectively. These vaccines are part of the second batch received by both destinations. (MANILA...
Cebu Pacific celebrates 25 th anniversary through numerous seat sales This is not a drill! Despite being in the middle of COVID-19 pandemic, local airline company Cebu Pacific is holding its annual P1 fare seat in celebration of its 25 th anniversary. In a media conference held on...
Cebu Air Inc., the firm behind carrier Cebu Pacific, has set the price range for its planned P12.5 billion rights offering of convertible preferred shares mainly to pay for debt. In a disclosure to the Philippine Stock Exchange, Cebu Air said the offer price range for...
The domestic airline industry easily lost P60 billion in 2020, but that is not enough to break any of the domestic airline firms although the government is strongly urged to increase their domestic flights and adopt a uniformed national health and safety protocols to reopen aviation safely,...
The government has revised its testing and quarantine protocols for Filipino citizens and eligible non-Filipinos arriving in the Philippines from countries where travel restrictions are in place due to new COVID-19 variants. (Manila Bulletin File Photo) This was according to the advisory which...
Cebu Pacific (CEB) has refunded P2.7 billion out of P4.8 billion total requests for its COVID-19-related cancelled flights, the airline reported last night (November 5, 2020). The airline continues to process a high volume of requests and has refunded an additional P300 million since its last...
The Department of Finance (DOF) said that local airlines have yet to submit the final loan plan to activate their P700 million financial support earmarked under the government’s economic stimulus programs. (Manila Bulletin File Photo) Finance Secretary Carlos G. Dominguez III said the amount of...
