Tag: Cebu Pacific

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Cebu Pacific plans P42B capex in 2023, eyes return to profitability

Corporate Context.ph Context.ph -
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.
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Philippine Airlines (PAL) announced Thursday it has canceled two scheduled flights between Manila and Riyadh amid a worsening security situation in the Middle East.

The money dances tinikling

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Foreign exchange buffer dips to $100 billion as gold prices and debt payments weigh down reserves 

Top News 0
The country’s cushion against global financial instability narrowed at the end of September 2026, with the nation's foreign exchange reserves slipping to $100 billion.

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