Cebu Losses Widen, Easing Of Travel Restrictions Seen As Path Forward
Credit: Airbus/Christian Brinkmann
SINGAPORE—Cebu Pacific is banking on the relaxation of travel restrictions within the Philippines and across the region more broadly as it hopes to bring back pre-pandemic levels of domestic capacity during the second quarter of the year. The LCC posted a PHP24.9 billion ($487 million) net loss for...
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