Tag: Cebu Pacific

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Cebu rallies tourism with travel perks

Cebu Pacific, the Hotel, Resort, and Restaurant Association of Cebu Inc. (HRRACI), and the Department of Tourism (DOT) have sealed a new partnership designed to supercharge Cebu’s visitor arrivals through flight incentives and bundled stay packages.

Cebu Pacific promotes insider as new treasurer

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 traffic dips in October on capacity shift

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 signs twin tech, maintenance deals in Paris Air Show

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 net profit fell in 1Q, hurt by fleet expansion cost

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.

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Spot power prices ease in February, but regulators warn of possible surge if Middle East tensions drive fuel costs up

Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.

SEC shuts down MCM Royalty over illegal investment solicitation

The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.

SM Group to spend $50M exploring new geothermal wells

The SM Investments Corporation (SMIC) group plans to spend more than US$50 million this year to explore geothermal steam in six new sites, as it expands its renewable energy business.

Aboitiz InfraCapital completes runway upgrade at Laguindingan Airport

Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, has completed a major runway surface upgrade at Laguindingan International Airport, the second-busiest airport in Mindanao.

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