Search results
Results from the WOW.Com Content Network
JG Summit Holdings, Inc. (JGSHI) is one of the largest conglomerates in the Philippines with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, publishing, real estate and property development, and telecommunications. Key subsidiaries include Universal Robina and Cebu Pacific.
In November 1990, Gokongwei incorporated JG Summit Holdings was floated as a publicly listed holding company on the Manila Stock Exchange. In March 1996, his airline, Cebu Pacific Air began operations. In 2010, the airline underwent major refleeting with a $3 billion order with Airbus.
Cebgo, Inc., operating as Cebgo (stylized in all lowercase), is the wholly-owned regional subsidiary of Cebu Pacific. It is the successor company to South East Asian Airlines and Tigerair Philippines. [4] It is now owned by JG Summit, the parent company of Cebu Pacific which operates the airline.
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 ...
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.
Most Go Hotels branches are located beside or near a branch of Robinsons Malls, which is the retail arm of JG Summit Holdings. It also offers rooms bundled with flights being offered by airline company Cebu Pacific, another subsidiary of JG Summit Holdings. [1] [2] [3]
Summit Hotels and Resorts is a Filipino brand of hotels owned and operated by Robinsons Land Corporation, the real estate arm of JG Summit Holdings established by Filipino-Chinese entrepreneur John Gokongwei Jr. It began operating in 2009 with the opening of its first hotel, Summit Ridge Tagaytay in Tagaytay, Cavite. As of 2020, the company has ...
The company was founded on September 28, 1954 by John Gokongwei, Jr. [6] under the name Universal Corn Products (UCP) after Gokongwei decided to construct a corn milling plant to produce glucose and cornstarch.