Cebu Air Inc., the Gokongwei Group’s listed airline operator behind the Cebu Pacific brand, has named long-time executive Pamela Rae Chua as its new treasurer effective December 1. She succeeds Elynore Villanueva, who has retired from the post.
Cebu Pacific, budget carrier brand of listed Cebu Air Inc., the airline unit of the Gokongwei Group, flew 2.1 million passengers in October, down 1 percent from the same month in 2024, as the airline continued to juggle capacity constraints, supply chain issues, and weather disruptions ahead of the peak travel period.
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.
Philippine National Bank recorded a consolidated net income of P25.3 billion in 2025, marking a 20 percent increase from the prior year and boosting return on equity to 11.1 percent, up 70 basis points. The performance reflects strong core business results, disciplined cost management, and operational efficiency across its lending, deposit, and fee-generating activities.
Globe Business has introduced the Globe Omnichannel Cloud Contact Center (GOCCC), a new AI-powered platform developed in partnership with Call Center Studio. The launch was announced during Globe’s first-quarter Blueprint media briefing and signals the company’s push to provide more advanced digital tools to local businesses.
Century Properties Group is planting its flag in Mindanao, with its first-home brand PHirst officially launching PHirst Park Homes in General Santos City on February 21, marking its maiden entry into the region and a key step in its nationwide expansion drive.