Protracted Lockdown Widens Cebu Pacific H1 Loss

Cebu Pacific Airbus A321
Credit: Rob Finlayson
Nearly a year of perpetual lockdown and movement control restrictions in the Philippines has further dented Cebu Pacific earnings for the first half (H1) of 2021. The LCC saw its H1 revenue plunge 66% year-on-year (YOY) to PHP5.9 billion ($117 million). The unpredictable and “volatile nature” of the...

Subscription Required

 

Protracted Lockdown Widens Cebu Pacific H1 Loss is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.