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The airline resumed its Manila–Singapore flights on August 31, 2006, [20] and launched a direct flight from Cebu to Singapore on October 23. It was the first low-cost airline to serve the Cebu-Singapore-Cebu sector, [21] and competing directly with Singapore Airlines subsidiary SilkAir, the only Philippine carrier serving the route for years until Philippine Airlines resumed direct service ...
There are two main domestic airline groups doing business as Philippine Airlines and Cebu Pacific, with AirAsia Philippines competing on some international routes. The domestic market is dominated by the Cebu Pacific group which has a 53% market share, followed by the Philippine Airlines group which has 31%, followed by AirAsia, having a 16% share.
Cebgo, Inc., operating as Cebgo or Cebu Pacific Cargo (stylized in all lowercase as cebgo), is the regional brand cargo airline of Cebu Pacific. It is the successor company to SEAIR, Inc. , which previously operated as South East Asian Airlines and Tigerair Philippines . [ 4 ]
Key subsidiaries include Universal Robina and Cebu Pacific. Incorporated in November 1990, JG Summit Holdings was founded by John Gokongwei Jr., one of the wealthiest individuals in Southeast Asia. [2] In 2010, JGSHI was one of the ten most profitable companies on the Philippine Stock Exchange. [3]
Cebu Pacific Flight 387 was a domestic flight from Ninoy Aquino International Airport in Metro Manila to Lumbia Airport in Cagayan de Oro. On February 2, 1998, the 30-year-old McDonnell Douglas DC-9-32 crashed on the slopes of Mount Sumagaya in Claveria. All 104 people on board died in the crash.
In 1996, Gokongwei was tasked by his father to take on the challenge of building a new low-cost airline, Cebu Pacific Air. [13] In February 1998, two years after the company's inception, Cebu Pacific Flight 387 crashed into a mountainside, killing all 104 people aboard. At the time, it was the nation's worst air disaster.
The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, and the East Asia Summit. It also hosts the headquarters of the Asian Development ...
The airline was founded on February 26, 1941, as Philippine Air Lines when its franchise to operate was transferred from Philippine Aerial Taxi Company (PATCO). [ 3 ] Formerly one of the largest airlines in Asia, PAL was severely affected by the 1997 Asian financial crisis .