The country’s airline industry continued to post gains in terms of overall passenger traffic in the first quarter, but at a much slower pace than that recorded in 2012, data from the Civil Aeronautics Board showed.
Publicly listed Cebu Air Inc., the holding firm of Cebu Pacific, is seeking tax holidays from the Board of Investments (BOI) for the purchase of two aircraft that will enable it to offer low fares to more routes in Visayas and Mindanao.
San Miguel Corp. and its Cambodian partner are planning a $1.5-billion maiden fleeting program for their newly created Cambodian Airlines.
The government is planning to order the country’s top airlines to reduce flights to Caticlan, the gateway to Boracay Island, in the middle of the peak summer season due to almost daily and unexplained cancellations of flights.
Kuala Lumpur-based AirAsia Berhad, the region’s largest low-cost airline, noted strength in its Philippine operations, which started only in March 2012.
The globe’s air-passenger traffic rose by a solid 5.9 percent in March compared with a year ago, fueled by strong performances in emerging markets, the International Air Transport Association said Wednesday.
When the country’s flag carrier, Philippine Airlines, or PAL, launched last week its 12 new routes, seated beside each other at the table were PAL president Ramon S. Ang and Tourism Secretary Ramon Jimenez.
Japan’s ANA is to test one of its modified Dreamliner jets on Sunday, three months after the worldwide fleet of 787s was grounded, as Boeing seeks to reassure passengers that the planes are safe.
Boeing Co.’s chief engineer for the 787 Dreamliner says changes to the lithium-ion battery are fully sufficient to ensure the aircraft’s safety, although the company has been unable to find the cause of the original battery failures earlier this year that led to groundings of the plane worldwide.
The Civil Aviation Authority of the Philippines (CAAP) is keeping its fingers crossed as it hopes the restrictions currently imposed on local airlines will be lifted soon following a visit from American and European aviation officials in the coming months.
Clark International Airport saw a sharp increase in both international and domestic flights in the first quarter of the year as more passengers used the fast-growing budget airline hub in Pampanga.
Air New Zealand shares rose more than five percent Wednesday after the airline predicted its annual earnings will more than double in the 2012-2013 financial year.
