Cebu Pacific Posts Wider Net Loss of Nearly P13 Billion
Low-cost carrier Cebu Pacific reported a widened net loss of nearly P13 billion for nine months, primarily driven by rising jet fuel prices and other expenses outpacing revenue growth.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Mendoza Appointed Customs Chief in Marcos Administration Reshuffle
President Ferdinand Marcos Jr. has appointed Charlito Martin Mendoza as the new chief of the Bureau of Customs (BOC). This appointment is part of a broader leadership reshuffle within the administration, which also saw Joshua Bingcang move to lead the Philippine Economic Zone Authority (PEZA).
- Motorcycle Taxi Group Pushes for Legalization, Rider Protection in Philippines
A Philippine motorcycle taxi riders' group, Metro, is advocating for the legalization of the industry, urging the Department of Transportation and LTFRB to base rider limits on passenger demand and ensure driver livelihoods through long-term reforms.
- Malampaya Gas Output Hits 5-Year High on New Wells
The Malampaya natural gas field in the Philippines has achieved its highest delivery rate in five years, thanks to new wells. This development is expected to bolster the country's energy supply stability.
- GT Capital's 9-Month Profit Dips 10% Amid Inflation and Slowing Economy
GT Capital Holdings Inc. reported a 10% year-on-year drop in consolidated net income to P23.3 billion for the first nine months of 2026. The conglomerate cited slowing economic growth and high inflation impacting consumer sentiment, with third-quarter GDP growth registering at a modest 2.1%.