Cebu Pacific (CEB) has signed two major agreements at the Paris Air Show, strengthening both its fleet reliability and operational efficiency as part of its long-term growth strategy.
Cebu Pacific, the budget carrier brand of the Gokongwei Group’, saw net income in the first quarter drop 78 percent to P466 million, dragged down by higher fleet and financing costs related to its fleet and route expansion.
Cebu Pacific has posted a strong 26.3 percent increase in passenger number for February this year, a result that exceeded expectations for a typically lean month. The airline carried 2.2 million passengers during the period, up from 1.72 million in the same month last year, driven by a significant boost in seat capacity.
Cebu Pacific has reintroduced its highly popular Super Seat Fest, offering travelers the chance to book flights to over 60 destinations, both domestic and international, for as low as P29 one-way base fare, excluding fees and surcharges.
Cebu Pacific is strengthening the air link between the central and southern parts of the country with the resumption of two routes out of its Iloilo hub.
Construction activity in the Philippines continued to weaken in November 2025, with approved building permits pointing to a sustained slowdown as developers adopt a more cautious stance.
Philippine equities continue to show underlying strength despite the PSEi’s recent mild pullback, which analysts view as a natural bout of profit-taking after a sharp advance.
The Fertilizer and Pesticide Authority (FPA) has banned the online selling and trading of fertilizers and agricultural pesticides, saying these products may only be sold over the counter by authorized dealers.
Citicore Renewable Energy Corp. (CREC) has set aside up to $2 billion in capital spending for 2026, double last year’s roughly $1 billion budget, as it ramps up renewable energy and battery storage projects.