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AirSWIFT, Cebu Pacific
Cebu Pacific buys regional carrier AirSWIFT in Ps1.75 billion deal
Cebu Pacific has acquired regional compatriot AirSWIFT in a deal worth Ps1.75 billion ($30.8 million). The acquisition – the subject of speculation in recent months – will see Cebu Pacific enter into a share purchase agreement with AirSWIFT parent company Ayala Land for 100% shareholding of the regional operator.
Cebu Pacific Takes Over ATR Operator Airswift
SINGAPORE—Cebu Pacific Air has agreed to buy smaller Philippine carrier Airswift, which will see the ULCC absorb another five ATR turboprops into its fleet. Cebu Pacific has signed a share purchase agreement with Airswift's owner ALI Capital for all the carrier's shares for PHP1.75 billion ($31...
Cebu Pacific scoops up AirSWIFT from Ayalas’ ALI Capital for P1.75B
MANILA, Philippines – The Gokongweis’ budget airline Cebu Pacific is buying boutique airline AirSWIFT Transport Incorporation from the Zobel de Ayalas’ ALI Capital Corporation for P1.75 billion.
Cebu Pacific using AirSWIFT for El Nido trips
Low-cost carrier Cebu Pacific will add a niche route to its flight network with its acquisition of boutique airline AirSWIFT Transport Inc., which operates direct trips to El Nido, Palawan. Cebu Pacific yesterday confirmed a STAR report that it has acquired AirSWIFT for P1.
Cebu Pacific buys AirSWIFT from Ayala for P1.75b
Cebu Pacific (CEB) said Monday it expanded its presence in the leisure travel market through the acquisition of AirSWIFT Transport Inc., a boutique
Philippines' Cebu Pacific inks deal to buy AirSWIFT for $31m
Cebu Pacific Air (5J, Manila Ninoy Aquino International) says it has officially signed a share purchase agreement with ALI Capital Corp. for the acquisition of 100% of AirSWIFT (T6, Manila Ninoy Aquino International) for PHP1.75 billion Philippine pesos (USD30.8 million).
Cebu Pacific buys out Ayala airline for P1.75 billion
The Gokongweis are making a big bet on the growth potential of domestic travel as their budget carrier Cebu Pacific has bought out boutique airline AirSWIFT Transport Inc. for P1.75 billion.
Cebu Pacific buys AirSWIFT
Gokongwei-led airline Cebu Pacific (CEB) announced Monday it has signed a share purchase agreement with ALI Capital Corp. to buy 100 percent stake in boutique airline AirSWIFT. The acquisition worth PHP1.
Cebu Pacific buys AirSwift for P1.75 billion
Cebu Pacific inks P1.75-B deal to buy AirSwift
Budget carrier Cebu Pacific will soon operate direct flights to popular tourist destination El Nido, Palawan, following its purchase of Zobel family-led boutique airline AirSwift Transport Inc. for P1.
Cebu Pacific inks P1.75-B deal to acquire AirSWIFT operator
Gokongwei-led budget carrier Cebu Pacific on Monday said it has inked a P1.75-billion share purchase agreement (SPA) with ALI Capital Corp. to acquire 100% of the shares of boutique airline operator AirSWIFT Transport Inc.
ABS-CBN News on MSN
21h
AirSWIFT transferring to NAIA Terminal 2
Boutique airline AirSWIFT said it will be transferring its operations to the NAIA Terminal 2 from Terminal 4 starting ...
BusinessWorld
3d
AirSWIFT buyout expands CEB’s premium market reach — analysts
P1.75-billion acquisition of AirSWIFT from ALI Capital Corp., formalized on Monday, is expected to boost its domestic market reach and revenue potential by catering to a premium customer segment, ...
VN Express
2d
Cabu Pacific buys out local carrier in $31M deal
Philippines’ airline Cebu Pacific has fully acquired local carrier AirSWIFT for PHP1.75 billion (US$31 million) to expand its ...
AeroTime
3d
Cebu Pacific signs purchase agreement to acquire ATR operator AirSWIFT for $30M
Low-cost carrier Cebu Pacific has signed a purchase agreement to acquire boutique airline and ATR operator AirSWIFT for $30 million ...
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Philippines
Cebu Pacific
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