Cebu Pacific (PSE: CEB), the Philippinesโ leading carrier, generated P90.6 billion in revenue for 2023, a 60% increase from
๐น๐๐๐๐ ๐๐๐ก๐๐๐๐๐ก ๐๐๐ก ๐๐๐๐ ๐ ๐ข๐๐๐ 32% ๐ก๐ 284๐พ, โ๐๐โ๐๐ ๐ก ๐๐ ๐๐๐๐ข๐ ๐ก๐๐ฆ Leading fiber broadband and technology provider Converge ICT
Bulacan has attracted about P20 billion worth of new investments in 2023 including expansion projects of two real estate firms namely the P167.24-million Venezia Townhomes 2 in Santa Maria and the 126.35-million Farm Masters Village Phase 3 in San Miguel.
Transactions on foreign investments registered with the BSP, through AABs, in October 2023 recorded net outflows of US$328 million resulting from the US$1.3 billion gross outflows and the gross inflows of US$954 million for the month. The recorded net outflows are smaller than the net outflows posted in September 2023 (US$698 million).
Cebu Pacific (PSE: CEB) generated total revenue of P23.3 billion for the third quarter of 2023, 39% higher year-on-year and 23% above same period in 2019. This was on the back of over 5.3 million passengers flown onboard 35,000 flights, which are 27% and 18% higher year-on-year, respectively. Seat load factor improved to 83.7%, 9.7 percentage points higher year-on-year.
