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Cebu airport posts 14.6% growth in passenger volume

Cebu airport posts 14.6% growth in passenger volume.....»»

Category: financeSource: thestandard thestandardDec 6th, 2018

Cebu airport posts 14.6% growth in passenger volume

Cebu airport posts 14.6% growth in passenger volume.....»»

Category: financeSource:  thestandardRelated NewsDec 6th, 2018

MCIA starts full commercial operations

The Mactan-Cebu International Airport (MCIA) sees a 13 percent growth in passenger volume this year after starting full commercial operations of its Terminal 2 catering to international flights yesterday......»»

Category: financeSource:  philstarRelated NewsJul 1st, 2018

Mactan Airport sees jump in passengers

The Mactan Cebu International Airport (MCIA) saw its passenger volume rise by 12 percent in the first eight months of the year compared to the same period in 2017, owing to the opening of a new terminal building in July, data showed. Indeed, the number of international passengers at the MCIA Terminal 2 jumped 172 […].....»»

Category: newsSource:  tribuneRelated NewsOct 27th, 2018

High oil prices gnaw at Cebu Air 2017 profit

The operator of budget airline Cebu Pacific Air saw its net income drop by almost 19 percent as rising oil prices cut into profit, offsetting gains from strong passenger demand. Cebu Air Inc. said its net income in 2017 hit P7.9 billion, down 18.9 percent from P9.75 billion in 2016. The decline came despite revenue growth for passenger and cargo services. Total revenue last year hit about P68 billion, up 9.9 percent. Passenger revenue alone was up 7.2 percent to P49.93 billion as volume increased by 3.2 percent. Cebu Pacific and Cebgo flew over 19.7 million passengers last year. Moreover, it added more planes to fleet, which numbered 61 aircraft at the end of December 2017. Flig...Keep on reading: High oil prices gnaw at Cebu Air 2017 profit.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2018

Mactan Cebu airport to post 10% rise in passenger traffic

MANILA, Philippines – Passenger traffic at the Mactan Cebu International Airport (MCIA) is seen to post a compounded annual growth rate of 10 percent in the.....»»

Category: financeSource:  philstarRelated NewsOct 2nd, 2016

Chinese boost passenger traffic in Mactan airport

The Mactan Cebu International Airport (MCIA) saw passenger traffic jump in the first half of 2018, led by an increase in foreign and domestic flights, its private operator said Monday. GMR-Megawide.....»»

Category: newsSource:  philippinetimesRelated NewsJul 25th, 2018

Cebu airport services 12% more passengers

Passenger traffic in the Mactan Cebu International Airport posted a 12.5 percent increase in the first half, putting it on track to attain the projected 11.2 million passenger traffic this year......»»

Category: financeSource:  philstarRelated NewsJul 23rd, 2018

Vehicle sales seen rising by 12%

The volume of vehicles sold in the Philippines is primed for a 12-percent growth this year to reach about 577,000 units amid a government drive to upgrade jeepneys and increase in domestic production, according to Frost & Sullivan. The US-based consultancy firm said the projected Philippine economic growth of up to 7 percent yearly over the next five years would drive sales of new passenger cars. Paulo Jose Mutuc, senior consultant on mobility at Frost & Sullivan, said in a statement the manufacturing industry in the Philippines had grown by over 7 percent since 2010, and that Toyota Motor Corp. and Mitsubishi Motors Corp. were increasing their local production capacity thr...Keep on reading: Vehicle sales seen rising by 12%.....»»

Category: newsSource:  inquirerRelated NewsJul 11th, 2018

Cebu Landmasters posts record H1 sales

Cebu Landmasters Inc., a property firm focused on the Visayas and Mindanao region, posted a record-high reservation sales growth of 61 percent in the first half to P4.6 billion......»»

Category: financeSource:  philstarRelated NewsJul 10th, 2018

Maasin Airport s new passenger terminal inaugurated

MANILA, Philippines – The new passenger terminal of the Maasin Airport in Southern Leyte was inaugurated on Monday, July 2, boosting the airport's capacity from 50 passengers to 150. Transportation Secretary Arthur Tugade said the new terminal will also enhance Maasin City's economic accessibility . "Gusto natin inclusive growth, kaya kung ........»»

Category: newsSource:  rapplerRelated NewsJul 2nd, 2018

Immigration bureau bolsters Mactan-Cebu team ahead of new terminal’s opening

THE Bureau of Immigration (BI) has deployed a dozen more officers to the Mactan-Cebu International Airport (MCIA) ahead of the opening of its new passenger terminal on July 1. BI Commissioner Jaime H. Morente in the statement pointed out the officers were assigned “to conduct immigration inspection for arriving and departing international travelers.” MCIA’s new… link: Immigration bureau bolsters Mactan-Cebu team ahead of new terminal’s opening.....»»

Category: newsSource:  manilainformerRelated NewsJun 30th, 2018

Immigration bureau bolsters Mactan-Cebu team ahead of new terminal’s opening

THE Bureau of Immigration (BI) has deployed a dozen more officers to the Mactan-Cebu International Airport (MCIA) ahead of the opening of its new passenger terminal on July 1......»»

Category: financeSource:  bworldonlineRelated NewsJun 29th, 2018

Mactan-Cebu International Airport’s new terminal fully operational by July 1

The Mactan-Cebu International Airport (MCIA) airport will be fully operational by July 1 as it opens its new passenger terminal to international flights. The management announcedon Mondaythat the second terminal would cater to international flights such as South Korea and China. "This formal communications serves to notify the public that Terminal 2 of Mactan-Cebu International Airport (MCIA) will be commissioned for full operations onJuly 1, 2018," the advisory dated June 22 stated. The management noted that all international flights that would depart and arrive in the country after2 a.m.ofJuly 1 would use the new terminal. But all international flights that would depart and ar...Keep on reading: Mactan-Cebu International Airport’s new terminal fully operational by July 1.....»»

Category: newsSource:  inquirerRelated NewsJun 25th, 2018

Mactan Cebu Int’l Airport Commits to ‘World-Class Service’

Mactan Cebu International Airport (MCIA) General Manager and lawyer Steve Y. Dicdican led the men and women of the airport in declaring their commitment in making the resort airport of Mactan the “world’s friendliest airport” with world-class service. Addressing the crowd of around 600 guests and airport stakeholders including the media inside the passenger lounge […].....»»

Category: newsSource:  metrocebuRelated NewsJun 18th, 2018

New Cebu airport terminal a rare feat of PPP continuity

The new passenger terminal at Mactan-Cebu International Airport (MCIA) is not only amazing because of its new aesthetic compared to other airport terminals in the country. The fact that the P17.5-b.....»»

Category: newsSource:  philippinetimesRelated NewsJun 10th, 2018

New international airport in Cebu raises bar for PPP program

          A brand-new international airport passenger terminal in Cebu was inaugurated last Thursday, offering a vision of the heights of construction excellence that Filipinos can achieve and a key lesson on project continuity.   The P17.5-billion Mactan-Cebu International Airport (MCIA) Terminal 2, which will almost triple existing passenger capacity, is the largest infrastructure project to be inaugurated by President Rodrigo Duterte.         But its implementation dates back to the Aquino administration, when it was among the successful deals that were bid out under the Public Privat...Keep on reading: New international airport in Cebu raises bar for PPP program.....»»

Category: newsSource:  inquirerRelated NewsJun 9th, 2018

PAL, Cebu Pacific expanding to more foreign destinations

Local carriers Philippine Airlines and Cebu Pacific are set to continue to expand in international markets to take advantage of rising international passenger traffic amid the country’s strong economic growth and emergence as an attractive tourist destination, think tank Center for Asia Pacific Aviation said......»»

Category: financeSource:  philstarRelated NewsMay 29th, 2018

Air Asia passenger volume up

Philippines Air Asia saw passenger volume surge in the first quarter of 2018 as it expanded its fleet and opened new routes out of Clark International Airport in Pampanga. The airline, a part of Malaysia's Air Asia Group, carried 1.61 million passengers from January to March, up by some 40 percent from year-ago level. During the period, Philippines Air Asia saw its fleet of Airbus A320s expand from 15 aircraft to 21. Capacity rose 47 percent to 1.85 million available seats flown. Its load factor, which measures utility against available capacity, dipped 5 percentage points to 87 percent. In the first quarter, the airline started four new routes out of Clark Airport. This f...Keep on reading: Air Asia passenger volume up.....»»

Category: newsSource:  inquirerRelated NewsMay 23rd, 2018

Cebu airport drives Megawide earnings higher

MEGAWIDE Construction Corp. delivered an 8% improvement in its attributable profit for the first three months of 2018, driven by the double-digit top-line growth from its airport business which offset the seasonally slow construction segment. In a regulatory filing, the listed firm reported a net income attributable to the parent of P475.29 million, higher than […] The post Cebu airport drives Megawide earnings higher appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 22nd, 2018

Cebu Pacific profit rose to P1.44 billion in Q1

BOUYED by a 10-percent average increase in fares in the first quarter, Cebu Air Inc.'s profits grew by 12 percent during the said period to P1.44 billion, despite posting flat passenger volume.....»»

Category: newsSource:  philippinetimesRelated NewsMay 16th, 2018