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 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 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 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 using AirSWIFT for El Nido trips
Low-cost carrier Cebu Pacific will add a niche route to its flight network with its acquisition of boutique airline AirSWIFT Transport Inc., which operates direct trips to El Nido, Palawan. Cebu Pacific yesterday confirmed a STAR report that it has acquired AirSWIFT for P1.
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 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 Air closes deal to buy AirSwift
Cebu Air Inc. (CEB) has sealed a deal to acquire boutique airline AirSwift for P1.75 billion. In a disclosure to the stock exchange, Cebu Air said it signed on Monday a share purchase agreement with ALI Capital Corp.
Philippines' Cebu Pacific inks deal to buy AirSWIFT for $31m
Cebu Pacific Air (5J, Manila Ninoy Aquino International) says it has officially signed a share purchase agreement with ALI Capital Corp. for the acquisition of 100% of AirSWIFT (T6, Manila Ninoy Aquino International) for PHP1.75 billion Philippine pesos (USD30.8 million).
Cebu Pacific buys AirSWIFT
Gokongwei-led airline Cebu Pacific (CEB) announced Monday it has signed a share purchase agreement with ALI Capital Corp. to buy 100 percent stake in boutique airline AirSWIFT. The acquisition worth PHP1.
Cebu Pacific buys AirSWIFT for P1.75B
CEBU Pacific on Monday said that it had signed a share purchase agreement with an Ayala Group unit to fully acquire boutique airline AirSWIFT for P1.75 billion. The deal with ALI Capital Corp., analysts said,
BusinessWorld19h
AirSWIFT buyout expands CEB’s premium market reach — analysts
P1.75-billion acquisition of AirSWIFT from ALI Capital Corp., formalized on Monday, is expected to boost its domestic market reach and revenue potential by catering to a premium customer segment, ...
AeroTime20h
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 ...