Cebu Pacific Continues International Network Rebuild
More flights and routes are returning to the airline’s schedule as governments in Asia loosen travel restrictions.
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More flights and routes are returning to the airline’s schedule as governments in Asia loosen travel restrictions.
11 AUG 2022 Cebu Pacific Q2 revenues jump 337% from year ago Cebu Air Inc. , the Philippines' leading carrier, saw its revenue for the... | August 11, 2022
In a disclosure to the Philippine Stock Exchange on Thursday, the Gokongwei-led airline reported a net loss of P9.5 billion in the first half of 2022, significantly lower by 31.12% year-on-year compared to last year’s outturn.
As Cebu Air Inc. CEB) operated more flights and flew more passengers after travel restrictions eased, the carrier's revenues for the second quarter shot up 337 percent to P13.97 billion from P3.2 billion in the same period in 2021. The strong recovery in its passenger and ancillary busines, wh
Budget carrier Cebu Pacific has started to see the light at the end of the pandemic turbulence it flew through, cutting its net loss by P4 billion in the first semester, and is optimistic that it can soon return to profitability.