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Cebu Pacific flew 3.74M passengers as of March

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Budget airline Cebu Pacific flew over 3.74 million passengers during the first quarter, an increase of 6 percent from the same period last year, the Gokongwei-led carrier said in a statement Thursday.

Posted: April 25th, 2014 in Editor's Pick,Headlines | Read More »

PAL’s new jets cut fleet age to 3.5 years; 2014 outlook strong

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Flag carrier Philippine Airlines (PAL) will own one of Asia’s youngest fleet at 3.5 years with the completion of a modernization program that involves, among others, the replacement of 20 aging aircraft with modern, fuel-efficient planes that are seen to reduce costs amid expected productivity gains.

Posted: April 22nd, 2014 in Latest Business Stories | Read More »

PAL expects to post a profit in ’15 on refleeting, savings

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Philippine Airlines is poised to return to profitability next year, president Ramon S. Ang said, as the flag carrier expands into more profitable routes and books savings from newer, more efficient planes.

Posted: April 22nd, 2014 in Headlines | Read More »

PAL launches non-stop service between Manila and Tokyo-Haneda

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Philippine Airlines began its twice-daily non-stop service between Manila and Tokyo-Haneda on Sunday (March 30, 2014), making PAL the biggest carrier servicing direct flights between the Philippines and Japan.

Posted: March 31st, 2014 in Latest Business Stories | Read More »

Biz Buzz: Looming upgrade

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It seems the folks over at the Civil Aviation Authority of the Philippines are expecting some good news to come out of Wednesday’s “validating visit” by inspectors of the US Federal Aviation Administration (FAA).

Posted: March 26th, 2014 in Headlines | Read More »

Emirates suspends flights to Clark due to jet fuel taxes

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INQUIRER FILE PHOTO

Emirates Airlines, the largest carrier in the Middle-East, is suspending daily flights to Clark International Airport in Pampanga province on May 1, ending the service in just six months due to controversial jet fuel taxes and intense competition, according to a government official.

Posted: March 24th, 2014 in Latest Business Stories | Read More »

PAL Express flights to Dubai temporarily transferred to new airport

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PAL Express flights to Dubai–2P 658/659–will temporarily land at Al Maktoum International Airport (airport code: DWC) starting May 1, 2014 to give way to the refurbishment of the runway of Dubai International Airport.

Posted: March 19th, 2014 in Latest Business Stories | Read More »

Cebu Pacific sees decline in earnings due to forex losses

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Cebu Pacific Air, the Philippines’ dominant budget airline, expects earnings in the first half of 2014 to decline—weighed down significantly by foreign exchange losses—as the airline industry continues to reel from lower yields and volatile fuel prices.

Posted: March 15th, 2014 in Headlines | Read More »

DOTC sets awarding in March of P17-B Mactan airport deal

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The Department of Transportation and Communications intends to award this month the P17.5-billion contract to improve and expand the Mactan-Cebu International Airport after a delay of more than two months, even as some lawmakers urged the department to delay the process amid a probe in Congress.

Posted: March 14th, 2014 in Headlines | Read More »

Cathay Pacific says net profit tripled in 2013

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Hong Kong flagship carrier Cathay Pacific said Wednesday net profit more than tripled last year thanks to a rise in demand from Chinese travellers and fuel cost-saving measures.

Posted: March 12th, 2014 in Latest Business Stories | Read More »

Indonesia’s Batik Air to launch international service

An airline owned by Indonesia’s Lion Group announced Thursday it will launch international services with a flight from Jakarta to Singapore later this year.

Posted: February 27th, 2014 in Latest Business Stories | Read More »

Singapore, PH, agree to more flights

More flights between the Philippines and Singapore are now available after both governments concluded air talks late Thursday, an official said Friday.

Posted: February 7th, 2014 in Headlines | Read More »

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