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Aviation

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Latest news on the aviation and airfreight industry

Cebu Pacific fundraising plan raises P40.5B for COVID response

Cebu Pacific closed three major fundraising transactions totaling P40.5 billion (US$845 million)…
  • May 11, 2021
  • 3 minute read

PAL expands cargo business, sees it as revenue ‘lifeline’ during pandemic

Philippine Airlines (PAL) will keep growing its cargo business, which has become…
  • May 11, 2021
  • 3 minute read

Cebu Pacific bares massive P7.3B net loss in Q1

Cebu Pacific recorded a net loss of P7.298 billion in the first…
  • May 10, 2021
  • 3 minute read

Air freight prices strengthen as demand outstrips capacity  

The Baltic Air Freight Indices (BAI) increased by almost 17% in April…
  • May 10, 2021
  • 2 minute read

Pandemic-hit Mactan-Cebu airport operator cuts deal with lenders

GMR Megawide Cebu Airports Corp., which operates Mactan-Cebu International Airport, executed an…
  • May 7, 2021
  • 2 minute read

Expanded Mactan-Cebu airport taxiway inaugurated

The newly completed Mactan-Cebu International Airport’s (MCIA) taxiway expansion will increase the…
  • May 6, 2021
  • 2 minute read

PH bans entry of South Asian travelers until May 14

Passengers coming from or who have been from Pakistan, Bangladesh, Nepal, and…
  • May 6, 2021
  • 2 minute read

P627M renovated Calbayog Airport inaugurated  

The Department of Transportation and Civil Aviation Authority of the Philippines inaugurated…
  • May 6, 2021
  • 2 minute read

March air cargo demand breaks pre-COVID record levels

Global air cargo demand in March was 4.4% higher compared to pre-COVID…
  • May 5, 2021
  • 2 minute read

India travelers barred from PH from April 29 to May 14

All travelers from India are prohibited from entering the Philippines starting April…
  • April 28, 2021
  • 2 minute read