Mark Cezar News Today

After withstanding pandemic pains, Philippine Airlines earns a record-high net income and Cebu Pacific finally returns to full-year profit in 2023

Cebu Pacific (CEB) experienced a significant increase in revenue, with a growth of 60 percent, reaching P90.6 billion in 2023 compared to the previous year.The

Budget airline Cebu Pacific’s (CEB) net profit jumped to P7.9 billion from an operating income of P8.6 billion, both of which represented a significant turnarou

Cebu Air, Inc. (CEB) lost P12.046 billion for the first nine months of 2022, 45.2 percent lower than the P21.993 billion net loss it incurred in the same period last year. CEB netted foreign exchange losses of P3.858 billion from the weakening of the Philippine peso against the US Dollar from

Cebu Pacific receives Capa Award for Sustainability

Revenues soared 419% on annual basis to P16.9 billion in the third quarter, benefitting from low base effects and stronger travel demand.

Cebu Air Inc., the operator of budget carrier Cebu Pacific, slashed its net loss to below P3 billion in the third quarter although it is struggling to deal with the peso’s decline that is pushing up its debts in foreign currency.

Cebu Pacific received the Asia Environmental Sustainability Airline / Airline Group of the Year from the Centre for Asia Pacific Aviation (CAPA) for its leadership in sustainability performance in the regional aviation industry.

Cebu Pacific (PSE: CEB) received the Asia Environmental Sustainability Airline / Airline Group of the Year from the Centre for Asia Pacific Aviation (CAPA) for its leadership in sustainability performance in the regional aviation industry. CEB, the Philippines’ leading carrier, was recognized for

Budget carrier Cebu Pacific expects all of its pre-pandemic flights to be reinstated by the second semester of 2023 in hopes China will reopen to leisure travel by then.