Cebu Pacific cut losses in 2022 as travel picked up

MANILA  -The operator of budget carrier Cebu Pacific cut its net losses by 44 percent last year, thanks to robust growth in its topline figures with the resurgence of passenger movement in airports amid the easing of border restrictions. In a statement on Tuesday, Cebu Air Inc. reported that its net losses slowed down to … Continue reading Cebu Pacific cut losses in 2022 as travel picked up