Cebu Pacific has made a strategic move to expand its reach in the Philippines. In a landmark deal worth ₱1.75 billion, the budget airline has acquired AirSWIFT, a boutique airline popular for its ...

The operator of Cebu Pacific bought Ayala-led ALI Capital's boutique airline AirSWIFT for P1.75 billion (approximately US$30 million), allowing the carrier to establish a ...

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 ...

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 ...

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 in boutique airline AirSWIFT. The ...

THE ABOITIZ group has expressed interest in managing and operating Davao International Airport, signaling its continued expansion in the airport management sector. “We are looking into it, depending ...

SHARI’AH-COMPLIANT securities increased to 56 from 49 after adding eight and removing one following a quarterly review ending Sept. 25, the Philippine Stock Exchange (PSE) said. The updated list ...

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 ...