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CEB bullish on 2024 prospects | Lorenz S Marasigan

LOW-COST carrier Cebu Pacific (CEB) expects “a bright trajectory” for 2024 on the back of an anticipated strong finish this year, its chief executive said on Tuesday. Cebu Pacific CEO Michael Szucs said the airline anticipates its network capacity to surpass pre-pandemic levels, reflecting a rebound in both the domestic…

Cebu Pacific eyes wet lease with Bulgaria Air

BUDGET carrier Cebu Pacific said Tuesday that it was considering a short-term wet lease agreement with a charter company of Bulgaria Air amid the rising number of grounded aircraft due to engine issues.

JG Summit turns around, earns P15B as subsidiaries lift revenues

JG Summit turns around, earns P15B as subsidiaries lift revenues
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Cebu Pacific returns to profit

Cebu Pacific returns to profit
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Cebu Air swings to profit as tourism industry recovers

Cebu Air Inc. reported on Monday that it swung to profit in January to September on the back of the strong recovery of the travel market. In its disclosure to the stock exchange, the operator of budget carrier Cebu Pacific reported the reversal of its P12.05-billion loss in 2022 to…

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