Air Transport World

Cebu Pacific.(Asia/Pacific)(Brief Article)

A loss of nearly 30 million pesos ($536,400) last year, reversing a substantial 2002 profit, was due to the SARS-triggered downturn. The airline was launched in 1996 by JG Summit, a Philippine conglomerate owned by the Gokongwei family. It has a fleet of DC-9-30s and a few 757s. Most of its services are domestic, with more than 450 weekly flights. …

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