Cebu Pacific buys AirSWIFT for P1.75B | The Manila Times
WEB20 hours ago — October 8, 2024. Resize. CEBU Pacific on Monday said that it had signed a share purchase agreement with an Ayala Group unit to fully acquire boutique airline AirSWIFT for P1.75 billion. The deal with ALI Capital Corp., analysts said, is an indication that the airline is looking to expand beyond being known as a low-cost carrier.
Cebu Pacific scoops up AirSWIFT from Ayalas’ ALI Capital
WEB1 day ago — MANILA, Philippines – The Gokongweis’ budget airline Cebu Pacific is buying boutique airline AirSWIFT Transport Incorporation from the Zobel de Ayalas’ ALI Capital Corporation for P1.75 ...
Cebu Pacific buys out Ayala airline for P1.75 billion
WEB1 day ago — A Cebu Pacific Air passenger plane takes off from the Ninoy Aquino International Airport in Manila on April 3, 2024. MANILA, Philippines — The Gokongweis are making a big bet on the growth ...
Cebu Pacific inks P1.75-B deal to acquire AirSWIFT operator
WEB1 day ago — Gokongwei-led budget carrier Cebu Pacific on Monday said it has inked a P1.75-billion share purchase agreement (SPA) with ALI Capital Corp. to acquire 100% of the shares of boutique airline operator AirSWIFT Transport Inc. advertisement. According to Cebu Pacific, there will be no change in the flight …
Cebu Pacific and ALI Capital Sign Agreement for Sale of AirSWIFT
WEB1 day ago — Cebu Pacific (CEB) and ALI Capital Corp., on Monday, October 7, signed a share purchase agreement for CEB's 100 percent acquisition of AirSWIFT Transport Inc. for P1.75 billion. This confirmation comes after Philippine Star's news report titled "Cebu Pacific buys out Ayala airline for P1.75 billion." The PSE Disclosure Form 4 …
Cebu Pacific inks P1.75-billion deal to acquire AirSWIFT - Manila …
WEB2 days ago — Cebu Air Inc., operator of low-cost carrier Cebu Pacific, officially took over AirSwift Transport Inc. following its acquisition of the latter’s entire stake from Ayala Land Inc. (ALI) for P1.75 billion. On Monday, Oct. 7, Cebu Air signed a share purchase agreement with ALI’s wholly-owned subsidiary ALI Capital Corp. for the sale of 9.1 ...
Cebu Pacific inks P1.75-B deal to buy AirSwift - Inquirer.net
WEB18 hours ago — This acquisition came just a week after Cebu Pacific finalized its P1.4-trillion order of up to 152 jets with European aircraft manufacturer Airbus. By 2029, Cebu Pacific will start taking ...
Cebu Pacific buys AirSWIFT - Philippine News Agency
WEB1 day ago — MANILA – Gokongwei-led airline Cebu Pacific (CEB) announced Monday it has signed a share purchase agreement with ALI Capital Corp. to buy 100 percent stake in boutique airline AirSWIFT.. The acquisition worth PHP1.75 billion was approved by ALI Capital Corp. and CEB's Board of Directors. "Cebu Pacific continues to undertake measures to boost connectivity to various Philippine destinations ...
Cebu Pacific buying Ayala-led boutique airline AirSWIFT
WEB1 day ago — MANILA -- Cebu Pacific is buying the boutique airline AirSWIFT for P1.7 billion. In a statement, AirSWIFT said Cebu Pacific has signed a share purchase agreement with ALI Capital Corp. to buy 100 percent of AirSWIFT Transport Inc. shares. ALI Capital is a wholly owned subsidiary of Ayala Land, Inc., one of the Philippines’ largest property ...
Cebu Pacific Steps Closer to Record-Breaking Airbus Order - Skift
WEBJul 2, 2024 — Cebu Pacific, a major low-cost carrier in Asia, has signed a preliminary agreement with Airbus for up to 152 new planes valued at $24 billion, potentially marking the largest aircraft deal in...