Cebu Pacific's Six-Month Net Loss Widens to P5.59 Billion Amid Soaring Fuel Costs
Economy

Cebu Pacific's Six-Month Net Loss Widens to P5.59 Billion Amid Soaring Fuel Costs

Philippine budget carrier Cebu Pacific reported a wider net loss of P5.59 billion for the first half of the year. Despite robust passenger demand, soaring jet fuel prices and foreign exchange losses significantly impacted the airline's profitability.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.