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.
Cebu Air Inc., which owns the country’s largest budget carrier Cebu Pacific, told the Philippine Stock Exchange on Thursday it has budgeted P42 billion as capital expenditures this year, most of which will fund aircraft purchases.
Megaworld Corp. will begin transferring about 70,000 sqm of mall space to its REIT unit, Mreit Inc., next year, with the infusion to be done in two batches that may include a property-for-share swap.
Online gaming firm DigiPlus Interactive Corp. will discuss responsible gaming and corporate social responsibility at the Global Gaming Expo (G2E) Asia Philippines next week. The event will take place on December 10-11 at Newport World Resorts.
Low-income households in socialized housing communities are set to receive long-awaited relief on their monthly water bills on account of a new partnership forged under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program.