Credit: Joe Pries
The Philippines’ largest LCC Cebu Pacific has posted a PHP1.2 billion ($24 million) loss for the first quarter of 2020, reversing the PHP3.4 billion net profit it made over the same period last year. The airline blamed the decline on COVID-19 outbreak-induced border closures in China, Hong Kong and...
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Pandemic Restrictions Push Cebu Pacific Into Negative Territory is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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