Finance
Cebu Pacific posts 9-month revenue growth, faces margin pressure
Cebu Air Inc., the operator of Cebu Pacific, reported a 11% increase in total revenue for the first nine months of 2024, reaching...
Boeing projects Q3 loss, announces 777X delay and job cuts
Boeing announced substantial financial setbacks in its third quarter results, citing production delays and labor issues as key factors impacting its performance. The...
AirAsia parent secures $443 million revenue bond
Capital A Berhad, the parent company of AirAsia, has secured a $443 million revenue bond to bolster its financial position and support the...
PAL reports $122 million net income for first half of 2024
Philippine Airlines (PAL) announced a net income of $122 million (₱6.99 billion) for the first half of 2024, with total consolidated revenues reaching...
Cathay Pacific fully repays Hong Kong Government’s HK$19.5 billion investment
Cathay Pacific has fully repaid the HK$19.5 billion investment made by the Hong Kong Special Administrative Region (HKSAR) Government in 2020, marking a...
Cebu Pacific plans equity restructuring to erase P16 billion deficit
Budget carrier Cebu Pacific has approved an equity restructuring plan to eliminate its P16.27 billion deficit, according to an official disclosure to the...
SIA Group posts record full year net profit of SGD 2.675 billion
The Singapore Airlines (SIA) Group announced record financial results for the fiscal year ended March 31, 2024, driven by robust air travel demand....
Cebu Pacific’s Q1 profit more than doubles on strong travel demand
Low-cost airline Cebu Pacific reported its net income soared 108% year-over-year to over P2.2 billion in the first quarter of 2024. This robust...
PAL posts positive Q1 2024 performance despite challenges
Philippine Airlines (PAL), the country’s flag carrier, reported a positive first quarter performance for 2024 with a total comprehensive income of $81 million...
PAL nets record $379m profit in 2023
Flag carrier Philippine Airlines (PAL) reported a record net income of $379 million (PHP 21 billion) for the year 2023, marking its strongest...
