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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]
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.
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.
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 ...
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]
It is one of the largest food and beverage companies in the Philippines, along with San Miguel Corporation, Monde Nissin, Mondelez Philippines and Nestlé Philippines. [4] URC is a core subsidiary of JG Summit Holdings, Inc. (JGSHI) which is one of the largest business conglomerates listed in the Philippine Stock Exchange. [5] Pasig
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.
Cebu Pacific (4 P) F. Former JG Summit Holdings subsidiaries ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...