CEBU AIR
CEBU AIR agreed to acquire remaining 51% stake in APPC, Philippines (line maintenance) from SIA Engineering for US$5.6m and SIA ENGINEERING agreed to acquire remaining 35% of SIA ENGINEERING PHILIPPINES (SIAEP) from Cebu Air for $7.7m.
Subscription Required
CEBU AIR is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.