The Philippines-based carrier has confirmed plans to raise up to US$500 million in additional capital to strengthen its balance sheet as it seeks to recover from the impact of Covid-19.
Cebu Pacific will suspend all flight operations from Thursday until April 14th. The Philippine government recently implemented an enhanced community quarantine over Luzon, and similar directives across various provinces in the country.
Cebu Pacific has signed a purchase agreement with Airbus for 15 A320neo family aircraft. The transaction is valued at US$2 billion.
Cebu Pacific has signed a firm order with Airbus for 16 long-range A330neo aircraft. The deal firms up the wide-body portion of a previously announced memorandum of understanding, which also includes commitments for ten A321XLR and five A320neo single-aisle aircraft.
The Philippines’ largest carrier, Cebu Pacific, has continued to expand its reach into China with the commencement of two direct commercial services.
The Philippines’ largest carrier, Cebu Pacific, has expanded its reach in mainland China with the launch of a service between Shenzen and Manila. Shenzhen is the fifth Cebu Pacific destination in mainland China and is the airline’s 27th international destination.
The Philippines’ largest carrier, Cebu Pacific, has expanded its domestic footprint with the launch of regular commercial flights between Manila and Marinduque.
Cebu Pacific has received the first of 32 A321neo planes it has on order directly from Airbus. The new aircraft will support the carrier’s fleet renewal and expansion plans over the next five years.
Starting December 7th, Cebu Pacific will begin operating direct flights from Cebu to Macau, and vice-versa, four-times-a-week every Monday, Wednesday, Friday, and Sunday.
Offering extensive connections across the Philippines, as well as to a growing number of international destinations, Cebu Pacific is a low-cost carrier with lofty aspirations. Here Breaking Travel News editor Chris O’Toole hops on board