Tag: Cebu Pacific

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Cebu Pacific passenger growth strong, eyes fuel risks

Cebu Pacific reported robust passenger growth in March but flagged a cautious outlook for the months ahead as volatile fuel prices threaten to pressure margins.

JG Summit earnings rise despite petrochemical drag

JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, saw recurring earnings rise in 2025 on the back of resilient consumer demand and a recovery in travel, cushioning the impact of a massive write-down in its petrochemical business that pulled overall results into a loss.

Fuel price spike clouds Cebu Pacific growth

Cebu Pacific, the budget carrier unit of the Gokongwei Group, is bracing for potential turbulence from rising global fuel prices, even as the Philippines’ largest budget airline continues to post steady passenger growth early this year.

Gulf turbulence grounds PAL, CebuPac key routes

Philippine carriers are pulling back from the Middle East as security risks and airspace limits ripple across key corridors, forcing cancellations and swift contingency plans. Mostly affected are the tens of thousands of overseas Filipino workers deployed in the Middle East.

Cebu Pacific flies more passengers in January

Cebu Pacific (CEB) started 2026 on a strong note, flying 2.73 million passengers in January, 6.2 percent more than the same month last year.

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Carney eyes PH-Canada trade deal during Manila visit

Canadian Prime Minister Mark Carney will push to conclude a Philippines-Canada free trade agreement during his Manila visit this month, advancing a deal Ottawa expects to triple bilateral trade by 2035 and open wider market access for exporters and businesses in both countries.

OGPI nine-month net income surges 95% to $95.6M

Listed mining firm OceanaGold (Philippines) Inc. (OGPI) reported a 95.1 percent rise in its net income for the first nine months of 2026, reaching $95.6 million from just $49 million in the same period last year.

Aboitiz Power unit gains more clients as wider power retail market opens up

Aboitiz Power Corp.’s retail electricity arm, AdventEnergy, has signed up new customers following the recent expansion of the Retail Competition and Open Access (RCOA) program, making competitive power options available to far more businesses across the country.

ALI sees steady Q4, leasing to drive 2027 growth

Ayala Land Inc. expects leasing to become its main growth engine in 2027 as new malls and hotels mature, betting on recurring income and P55 billion in capital recycling to finance expansion without adding debt.

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