Cebu Pacific Cuts Losses Against Strong Passenger Recovery

Cebu
Credit: Cebu Pacific
SINGAPORE—Despite a triple-digit increase across most operating numbers, Philippine LCC Cebu Pacific remained in the red, primarily due to pressures from fuel prices and a weakened peso. Already flying at 118% of pre-pandemic domestic capacity, Cebu Pacific’s 2022 first-half (H1) passenger volume...

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