Cebu Pacific climbed to fifth among Asia-Pacific airlines for on-time performance in April, a rare bright spot for an industry still grappling with delays, aircraft shortages and operational disruptions.
Cebu Pacific operator Cebu Air Inc. (CEB) has put all dividend payments on hold despite record earnings last year, opting to preserve cash as soaring fuel prices tied to the Middle East conflict pressure airline profitability.
Taipan Lucio Tan’s Philippine Airlines delivered first quarter growth, but rising Middle East tensions are starting to cloud its outlook and pressure costs.
AirAsia Philippines has named Anna Victoria Lu as president and general manager, as the airline balances expansion plans against rising industry pressures.
Taipan Lucio Tan’s Philippine Airlines has resumed its Manila–Riyadh flights starting April 10 after suspending the route on March 30, restoring a key overseas Filipino worker (OFW) corridor amid ongoing conflict in the Middle East.
Taipan Lucio Tan’s Philippine Airlines secured a global credit rating from Moody’s Ratings that opens the door to international borrowing, even as Middle East risks mount.
AirAsia Philippines has officially completed the transfer of its international flight operations to Ninoy Aquino International Airport Terminal 1 as of March 29, marking a key operational shift timed with the Holy Week travel peak.
AirAsia Philippines, the domestic carrier backed by Malaysian tycoon Tony Fernandes, is in talks with aviation regulators to settle key issues tied to unpaid government dues and avoid potential flight disruptions.