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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 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 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 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 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 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 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,
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.
Cebu Pacific inks P1.75-billion deal to acquire AirSWIFT
Cebu Air Inc., operator of low-cost carrier Cebu Pacific, officially took over AirSwift Transport Inc. following its acquisition of the latter’s entire stake from Ayala Land Inc. (ALI) for P1.75 billion.
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Philippines
AirSWIFT
Ayala Corporation
El Nido
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