News for Cebu Air, Inc. (CEBUF)

CEBU Pacific, doing business as Cebu Air Inc. (CEB), saw net income in the first three months of 2025 plunge by nearly 80 percent to P466 million from P2.20 billion in the same period last year due to financing costs related to its fleet expansion program.

BUDGET carrier Cebu Pacific flew 7 million passengers in January to March, an increase of 26.3 percent from the 5.5 million travelers carried in the same period last year, thanks to robust traffic growth and seat load factors.

Nov 13, 2024 / 06:00AM GMTMark Julius Cezar - Cebu Air Inc - Chief Financial Officer and Compliance Officer Good afternoon, everyone. Thank you for being with u

CEBU Air Inc. (CEB), the airline company that operates under the trade name Cebu Pacific Air, announced plans to expand its international network with the launch of direct flights between Iloilo and Bangkok’s Don Mueang International Airport. Starting March 31, the Gokongwei-led carrier will operate flights on the Iloilo-Bangkok route…

Gokongwei-led JG Summit Holdings Corp. has shut down its petrochemical business as its losses continued to widen amid “challenging market conditions.” “Given persisting unfavorable market conditions in the global petrochemical industry, JG Summit Olefins Corp. (JGSOC) is now on an indefinite commercial shutdown,” the company said in a statement. During…

CEBU Pacific (CEB) is aiming to grow its passenger capacity by around 24 percent to 26 percent next year, banking on expectations of continuing robust economic growth in the Philippines.

JG Summit Holdings Inc., the holding firm of the Gokongwei Group., said its attributable net income went up by 16 percent to P17.9 billion from the previous year’s P15.37 billion, despite high inflation. Revenues rose 10 percent to P277 billion from the previous year’s P251.33 billion, due to an increasing…

Cebu Air Inc. (CEB), the parent company of Cebu Pacific, has acquired a majority shareholding in 1Aviation Groundhandling Services Corp. (1AV) through a debt-to-equity conversion. According to a disclosure to the stock exchange, CEB said it signed a Deed of Assignment of Credit and Subscription with 1AV, agreeing to convert…

Aug 08, 2024 / 09:00AM GMTMichael Szucs - Cebu Air Inc - Chief Executive Officer Good afternoon, everyone. Thank you for joining us today. The past quarter has

Cebu Air Inc. (CEB) has sealed a deal to acquire boutique airline AirSwift for P1.75 billion. In a disclosure to the stock exchange, Cebu Air said it signed on Monday a share purchase agreement with ALI Capital Corp. for the acquisition of 100 percent of AirSwift. The deal will be…

After first hiking parking rates, the new operator of Ninoy Aquino International Airport has this time started charging airlines higher takeoff and landing fees, a cost hike that could push airfares up.

Last week SHARE prices gained for the second straight week, with the main index finally closing at the crucial 7,000-point level, albeit trading remained tepid.  The benchmark Philippine Stock Exchange index rose 86.76 points to close at 7,022.85 points “However, the trading activity backing the market’s breach of the said…

Budget carrier Cebu Pacific said on Thursday it is enhancing international connectivity from Visayas and Mindanao with the launch of a new route from Davao to Hong Kong and the resumption of flights between Iloilo and Singapore later this year. In a statement, the Gokongwei-led carrier said it will begin…

The current PSEi members remain to be among the top stocks in terms of market capitalization, liquidity, and free float level.

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