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AirSWIFT, Cebu Pacific
Cebu Pacific buys regional carrier AirSWIFT in Ps1.75 billion deal
Cebu Pacific has acquired regional compatriot AirSWIFT in a deal worth Ps1.75 billion ($30.8 million). The acquisition – the subject of speculation in recent months – will see Cebu Pacific enter into a share purchase agreement with AirSWIFT parent company Ayala Land for 100% shareholding of the regional operator.
Cebu Pacific inks P1.75-B deal to buy AirSwift
Budget carrier Cebu Pacific will soon operate direct flights to popular tourist destination El Nido, Palawan, following its purchase of Zobel family-led boutique airline AirSwift Transport Inc. for P1.
Cebu Pacific acquires domestic airline AirSwift
Philippines budget airline Cebu Pacific has agreed to acquire domestic airline AirSwift Transport Inc in a P1.75 billion share purchase deal
Cebu Pacific buys AirSWIFT from Ayala for P1.75b
Cebu Pacific (CEB) said Monday it expanded its presence in the leisure travel market through the acquisition of AirSWIFT Transport Inc., a boutique
Cebu Pacific buys AirSwift for P1.75 billion
The operator of Cebu Pacific bought Ayala-led ALI Capital Corp.’s boutique airline AirSwift for P1.75 billion, allowing the Gokongwei-led carrier to establish a route to popular tourist spot El Nido,
Cebu Pacific signs purchase agreement to acquire ATR operator AirSWIFT for $30M
Low-cost carrier Cebu Pacific has signed a purchase agreement to acquire boutique airline and ATR operator AirSWIFT for $30 million
Cebu Pacific scoops up AirSWIFT from Ayalas’ ALI Capital for P1.75B
MANILA, Philippines – The Gokongweis’ budget airline Cebu Pacific is buying boutique airline AirSWIFT Transport Incorporation from the Zobel de Ayalas’ ALI Capital Corporation for P1.75 billion.
Cebu Pacific Takes Over ATR Operator Airswift
SINGAPORE—Cebu Pacific Air has agreed to buy smaller Philippine carrier Airswift, which will see the ULCC absorb another five ATR turboprops into its fleet. Cebu Pacific has signed a share purchase agreement with Airswift's owner ALI Capital for all the carrier's shares for PHP1.75 billion ($31...
Cebu Pacific buys out Ayala airline for P1.75 billion
The Gokongweis are making a big bet on the growth potential of domestic travel as their budget carrier Cebu Pacific has bought out boutique airline AirSWIFT Transport Inc. for P1.75 billion.
Cebu Pacific buys AirSWIFT
MANILA – Gokongwei-led airline Cebu Pacific (CEB) announced Monday it has signed a share purchase agreement with ALI Capital Corp. to buy 100 percent stake
cosmo.ph
2h
Cebu Pacific Is Offering New Flight Destinations For 2024
But if you're still longing to escape the confines of your bedroom and explore the world after being grounded during the ...
Nikkei Asia
20h
Cebu Pacific expands Philippine resort routes through acquisition
MANILA -- The operator of Philippine budget carrier Cebu Pacific will acquire a local boutique airline, seeking to expand its ...
GlobalData on MSN
4d
Cebu Pacific orders 150 A321neos from Airbus
The airline said the order would improve the sustainability of its fleet and support the expansion of its services.
American Machinist
3d
Low-Cost Airline Orders 70 Airbus Jets
Cebu Pacific confirmed a booking worth up to $9 billion for dozens of narrow-body aircraft, aiming to expand air-travel ...
manilastandard
4d
Higher NAIA charges may force Cebu Pacific to increase airfare
Cebu Pacific said air fares may increase once the new concessionaire of the Ninoy Aquino International Airport (NAIA) ...
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Related topics
AirSWIFT
Philippines
El Nido
Ayala Corporation
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