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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 ...
Opened on April 27, 1966, the airport serves as a hub for Philippine Airlines, and as an operating base for Cebu Pacific, Philippines AirAsia, and Sunlight Air. The airport is managed by the Mactan–Cebu International Airport Authority and operated by the GMR–Megawide Cebu Airport Corporation.
In 2010, Cebu Pacific became the Philippines largest airline. [15] In December 2022, Gokongwei announced his resignation as president and CEO of Cebu Pacific. [16] Earlier in the year, Gokongwei joined five other businessmen in a consortium that proposed to revamp Manila's Ninoy Aquino International Airport by spending 267 billion pesos.
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 Air is an airline owned by Cebu-based Gokongwei family. On May 28, 2008, Cebu Pacific was named as the world's number one airline in terms of growth. The airline carried a total of almost 5.5 million passengers in 2007, up 57.4% from 2006. [81] On January 6, 2011, Cebu Pacific flew its 50 millionth passenger (from Manila to Beijing).
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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.
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 ]
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