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Latest news on the aviation and airfreight industry

Cebu Pacific’s 9th A321neo aircraft soon to enter domestic service

Low-cost carrier Cebu Pacific has received its ninth brand-new Airbus A321neo aircraft,…
  • May 21, 2021
  • 2 minute read

Air cargo volumes draw closer to pre-Covid levels but rates still rising

Air cargo volumes increased by 53% in April 2021 year-on-year but were…
  • May 18, 2021
  • 2 minute read

House bill seeks P40B relief for domestic airlines

House Bill 9324 or the proposed Air Carriers Relief Act aims to…
  • May 14, 2021
  • 3 minute read

Bicol International Airport over 82% complete, eyes 2021 opening

Construction works for Bicol International Airport, to be known as the “Most…
  • May 14, 2021
  • 3 minute read

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