Company Overview and News

 
Cebu Pacific’s new aircraft to push Davao expansion

2018-04-19 bworldonline
DAVAO CITY — Budget airline Cebu Pacific (Cebu Air, Inc.) is looking to expand its services to and from the Davao International Airport here with the delivery of three new Air 321 CEO planes in the coming weeks.
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JG Summit’s 2017 profit jumps 169%

2018-04-13 business.inquirer.net
Gokongwei-led JG Summit Holdings grew its 2017 net profit by 169 percent to P29.37 billion from year-ago level, when its earnings were weighed down by impairment losses from its investment in telecommunication giant PLDT Inc.
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Airline biz keeps JG Summit 2017 earnings flat

2018-04-13 bworldonline
THE holding firm of tycoon John L. Gokongwei, Jr., the country’s second richest man, registered flat earnings last year on the back of the weakness of the airline business.
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MSCI-indexed PH consumer fund launched

2018-04-11 business.inquirer.net
The First Metro group rolled out on Wednesday a new mutual fund that allows long-term investors to bet on the Philippine consumer growth story by investing in a pool of companies based on MSCI-derived index.
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Duterte Closes Boracay Island for Six Months - Bloomberg

2018-04-05 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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Tech businesses powering Asia-Pacific growth

2018-04-05 bworldonline
London’s venerable Financial Times (FT) recently released its first-ever “FT 1000 High-Growth Companies Asia-Pacific” list — with 26 Filipino firms making the grade, all of which are listed on the Philippine Stock Exchange except for one.
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Cebu Pacific cancels flights following announcement of Boracay closure

2018-04-05 bworldonline
Below is the statement by Cebu Pacific (Cebu Air Inc) announcing flight cancellations to and from Caticlan and Kalibo in Aklan following the government announcement on April 4 that President Rodrigo R. Duterte has approved the closure of Boracay island for a six-month environmental rehabilitation starting April 26:
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Cebu Pacific cancels Caticlan, Kalibo flights following Boracay closure

2018-04-05 bworldonline
Below is the statement by Cebu Pacific (Cebu Air Inc) announcing flight cancellations to and from Caticlan and Kalibo in Aklan following the government announcement on April 4 that President Rodrigo R. Duterte has approved the closure of Boracay island for a six-month environmental rehabilitation starting April 26:
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Cebu Pacific cancels Caticlan, Kalibo flights following announcement of April 26 Boracay closure

2018-04-05 bworldonline
Below is the statement by Cebu Pacific (Cebu Air Inc) announcing flight cancellations to and from Caticlan and Kalibo in Aklan following the government announcement on April 4 that President Rodrigo R. Duterte has approved the closure of Boracay island for a six-month environmental rehabilitation starting April 26:
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High oil prices gnaw at Cebu Air 2017 profit

2018-03-27 business.inquirer.net
The operator of budget airline Cebu Pacific Air saw its net income drop by almost 19 percent as rising oil prices cut into profit, offsetting gains from strong passenger demand.
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Cebu Air profit declines 19% on higher fuel prices

2018-03-26 bworldonline
CEBU AIR, Inc. saw its net income fall 19% to P7.91 billion in 2017, as expenses rose on higher fuel prices and the peso’s depreciation against the US dollar.
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Cebu Pacific books lower profit in 2017

2018-03-26 bworldonline
Cebu Pacific (Cebu Air Inc.) posted a net income of P7.91 billion for 2017, 18.9% lower than the P9.75-billion it earned in 2016, primarily due to aircraft expenses and depreciation of the peso against the dollar, the company said in a disclosure to the stock exchange.
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Cebu Air forms ground-handling services company

2018-03-07 bworldonline
CEBU AIR, Inc., listed operator of budget carrier Cebu Pacific, is venturing into ground-handling services at the airport.
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Cebu Pacific launches Manila-Melbourne route

2018-02-27 bworldonline
CEBU PACIFIC (Cebu Air, Inc.) will fly direct Manila-Melbourne flights starting Aug. 14, marking its second route from Manila to Australia.
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PTT Philippines weighs Jippy expansion plans

2018-02-13 bworldonline
PTT PHILIPPINES Corp., the local unit of Thailand’s biggest oil and gas company, will evaluate the performance of its convenience store business in the country before making expansion plans, company officials said.
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CUSIP: 14985R100