A landmark purchase agreement with Airbus and Pratt & Whitney, an RTX business for up to 152 A321neo aircraft, equipped with Pratt & Whitney GTF™ engines, was entered into by Cebu Pacific. Said agreem

The operator of Cebu Pacific bought Ayala-led ALI Capital Corp.’s boutique airline AirSwift for P1.75 billion, allowing the Gokongwei-led carrier to establish a route to popular tourist spot El Nido,

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.

Budget carrier Cebu Pacific on Wednesday rolled out promotional one-way base fares for as low as P1 for both domestic and international destinations. In an advisory, the carrier said the promotional fares,

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.

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.

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.

Cebu Pacific (CEB) said Monday it expanded its presence in the leisure travel market through the acquisition of AirSWIFT Transport Inc., a boutique