Cebu Pacific News
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Cebu Air Inc., the Philippines’ biggest budget carrier, plans to get 33 percent of sales from long-haul flights within five years as AirAsia Bhd. and Tiger Airways Holdings Ltd. challenge its grip on the domestic market.
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Airbus SAS won 102 orders for revamped A320-family planes from Go Airlines (India) Ltd. and Philippine budget carrier Cebu Pacific, moving it closer to reaching a target of 500 commitments by the end of next week.
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Boeing Co. is coming to this year’s air show in Paris, the home turf of market leader Airbus SAS, with a pitch that customers may struggle to swallow: be patient.
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AirAsia Bhd. placed an order for 200 Airbus SAS A320neo planes, surpassing a record contract confirmed by Indian carrier IndiGo a day earlier, as Asian airlines dominated the Paris Air Show.
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Philippine Airlines Inc. plans to order at least 100 new planes, resume flights to Europe and bolster U.S. services after selling a stake to San Miguel Corp.
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Singapore Airlines Ltd.’s Scoot Pte. plans to fly to at least five cities by the end of the year as the group adds long-haul budget services to compete with Jetstar and AirAsia X Sdn.
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San Miguel Corp. is set to sign an about $500 million agreement today that will effectively give it 49 percent of Philippine Airlines Inc., according to three people familiar with the situation.
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San Miguel Corp., the Philippines’ largest company, is in talks to buy 49 percent of Philippine Airlines Inc. and take management control of the carrier, according to three people familiar with the discussions.
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