AirSWIFT buyout expands CEB’s premium market reach — analysts
WEB22 hours ago · “Our investment in AirSWIFT has been a key enabler in the growth of El Nido as a world-class tourist destination. With this transaction, we are hopeful that the expertise of Cebu Pacific will bring lower cost options and greater accessibility to El Nido,” ALI Capital President Alfonso Javier D. Reyes said in a media release.
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 Air closes deal to buy AirSwift | Lenie Lectura - BusinessMirror
WEB22 hours ago · Lenie Lectura. October 8, 2024. 2 minute read. Cebu Air Inc. (CEB) has sealed a deal to acquire boutique airline AirSwift for P1.75 billion. In a disclosure to the stock exchange, Cebu Air said it ...
Cebu Pacific inks P1.75-B deal to acquire AirSWIFT operator
WEB1 day ago · “Our investment in AirSWIFT has been a key enabler in the growth of El Nido as a world-class tourist destination. With this transaction, we are hopeful that the expertise of Cebu Pacific will bring lower cost options and greater accessibility to El Nido,” ALI Capital president Alfonso Javier Reyes said. — RSJ, GMA Integrated News
Cebu Pacific scoops up AirSWIFT from Ayalas’ ALI Capital
WEB1 day ago · AirSWIFT has direct flights from Lio Airport in El Nido to Manila, Cebu, Boracay, and Bohol. It serves resorts managed by Ayala Land. Cebu Pacific said it plans to continue the boutique airline ...
Cebu Pacific to acquire AirSWIFT for P1.75 billion
WEBCebu Pacific plans to integrate AirSWIFT into its broader network, adding El Nido as a new destination. The airline’s regional subsidiary, Cebgo, also operates a fleet of 15 ATR 72-600 aircraft, with more expected to arrive soon. “Our investment in AirSWIFT has been a key enabler in the growth of El Nido as a world-class tourist destination.
Cebu Pacific inks P1.75-billion deal to acquire AirSWIFT - Manila …
WEB2 days ago · AirSwift is a boutique airline operating flights from Manila and Clark to El Nido, and from El Nido to other major tourist destinations in the country including Cebu, Boracay, Coron, and Bohol. The purchase gave Cebu Pacific direct flight access to El Nido and allowed both organizations to focus on their respective core businesses and enhance ...
Cebu Pacific inks P1.75-B deal to buy AirSwift - Inquirer.net
WEB20 hours ago · Budget carrier Cebu Pacific will soon operate direct flights to popular tourist destination El Nido, Palawan, following its purchase of Zobel family-led boutique airline AirSwift Transport Inc ...
Cebu Pacific buys AirSWIFT | Philippine News Agency
WEB1 day ago · ALI Capital president Alfonso Javier Reyes said the Ayala-led firm's investment in AirSWIFT has been a key enabler in the growth of El Nido as a world-class tourist destination. "We are hopeful that the expertise of Cebu Pacific will bring lower cost options and greater accessibility to El Nido,” Reyes said.
Sale agreement of AirSWIFT to CEB signed by ALI Capital, CEB
WEB1 day ago · Monday, October 7, 2024 Itchie G. Cabayan. 305. A share purchase agreement (SPA) was signed by Cebu Pacific with with ALI Capital Corp. to acquire 100% of AirSWIFT Transport Inc. for P1.75 billion. Said transaction has been approved by the Board of Directors of both CEB and ALI Capital Corp. and allows both organizations to focus on their ...