Cebu Air Inc., operator of Philippine budget carrier Cebu Pacific, said Monday it booked a net income of P1.3 billion in the third quarter, a sharp reversal from a net loss of P2.5 billion in the year-earlier period on strong recovery of the travel industry. It is also higher than pre-pandemic profits.
Angkas, the pioneering motorcycle ride-hailing service in the country, has rolled out initiatives aimed at augmenting their driver partners' supplemental income.
Dubai will stage its high-profile aerospace pageant next week against the backdrop of the Israel-Hamas war in Gaza that is pushing up demand for weapons while closing airspace and making flights longer and more expensive for some airlines.
Globe Telecom Inc. over the weekend said its download and upload speeds further improved in 19 strategic locations in the third quarter of 2023.
"The...