Lawmakers are looking into the takeover of Tigerair Philippines by dominant budget carrier Cebu Pacific Air and its potential impact on fares, a member of the House committee on transportation said on Monday.
Cebu Pacific Air’s planned long-haul expansion, which may include points in Australia and the Middle East, is expected to open up opportunities for growth, but the airline should expect near-term losses here given stiff competition, aviation consultancy firm Capa-Center for Aviation said in a report.
The Philippine commercial aviation business is seen to improve further this year as dominant budget carrier Cebu Pacific Air acquires Tigerair Philippines, cutting down competition and stemming eroding margins, a report by Center for Aviation showed last week (Capa).
Cebu Air Inc., operator of the country’s biggest budget airline Cebu Pacific, has sealed a strategic alliance with Singaporean low-cost carrier Tiger Airways Holdings, a filing at the Philippine Stock Exchange showed. The agreement, disclosed by both airlines to bourses in the Philippines and Singapore, was described as a “wide-ranging” partnership that also includes [...]
Cebu Air Inc., the country’s largest budget airline, plans to acquire the Philippine unit of Singaporean low-cost airline Tiger Airways Holdings Ltd. in a move seen to widen its market share.
Cebu Air Inc., the country’s largest budget airline, is seeking to acquire the Philippine unit of Singaporean low-cost airline Tiger Airways Holdings Ltd. in a move to widen market share as competition also prompts its rivals to consolidate.
The Clark International Airport (CRK) is closing 2013 on a good note as it starts servicing the Shanghai-Clark route through Cebu Pacific Air beginning Saturday, an airport official said.
Cebu Pacific Air, the country’s largest budget airline, is expanding its presence in Japan via increased flights and new routes after Manila and Tokyo recently negotiated more liberal bilateral rights between them.
Airlines in the Philippines canceled hundreds of domestic and international flights on Thursday, extending through Friday, because of supertyphoon “Yolanda” (international name: “Haiyan”).
Cebu Pacific, the country’s biggest budget carrier, launched its inaugural Manila-Dubai flight Monday, marking both the airline’s first foray into the long-haul segment.
Cebu Pacific Air, the country’s biggest budget carrier, said passenger traffic in the first eight months of the year rose by 11.4 percent to 9.82 million, given double-digit gains in both domestic and international segments.
Cebu Pacific on Tuesday announced special flights to and from Zamboanga on the following dates
