Gov’t signs fares agreement with PAL
The Department of Budget and Management’s (DBM) Procurement Service-PhilGEPS signed a general fares agreement (GFA) with flag-carrier Philippine Airlines (PAL) on domestic airline travel for an initial 23 national government agencies.
Asia’s budget airlines head for the altar
SYDNEY/NEW DELHI -- The creation of the world’s biggest alliance of low-cost airlines may signal that some of Asia’s struggling budget carriers are headed for the altar.
Cebu Air boosts JG Summit profit to P9.63 billion
JG Summit Holdings, Inc., the flagship of the Gokongwei group, reported a 60.9 percent surge in consolidated net income to P9.63 billion for the first quarter of 2016 from P5.98 billion for the same period last year boosted by strong growth in its airline business.
Low-cost carriers win in SE Asia’s ‘open skies’
SINGAPORE -- Low-cost airline groups and manufacturers of smaller passenger aircraft will be among the main winners after Southeast Asia’s open skies agreement finally came into effect last month, although airport capacity constraints could limit the benefits.
AirAsia announces direct Manila-Shanghai flights
AirAsia, the “World’s Best Low Cost Carrier” for seven consecutive years, is expanding its international network in China with the addition of direct flights to Shanghai from Manila. From June 10, 2016, AirAsia will commence 3 times weekly flights from Manila’s NAIA Terminal 3 to Shanghai Pudong International Airport, connecting Filipino travellers to China’s most influential city with all-in promotional fares starting from only P888, one-way.