Prolonged Pandemic Deals Cebu Pacific A Nearly Half-Billion Loss

Cebu Pacific A330-300
Credit: Chen Chuanren
LCC Cebu Pacific reported a PHP22.2 billion ($458 million) net loss for 2020 as the Philippines struggles to fully suppress the coronavirus pandemic. The airline reported its December 2020 daily flight numbers reached only 20% of pre-pandemic levels, equivalent to nearly 76 flights daily. Cebu...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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