AirSWIFT, Cebu Pacific
Cebu Pacific buys regional carrier AirSWIFT in Ps1.75 billion deal
Cebu Pacific has acquired regional compatriot AirSWIFT in a deal worth Ps1.75 billion ($30.8 million). The acquisition – the subject of speculation in recent months – will see Cebu Pacific enter into a share purchase agreement with AirSWIFT parent company Ayala Land for 100% shareholding of the regional operator.
Cebu Pacific scoops up AirSWIFT from Ayalas’ ALI Capital for P1.75B
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 billion.
Cebu Pacific acquires domestic airline AirSwift
Philippines budget airline Cebu Pacific has agreed to acquire domestic airline AirSwift Transport Inc in a P1.75 billion share purchase deal
Cebu Pacific buys AirSWIFT from Ayala for P1.75b
Cebu Pacific (CEB) said Monday it expanded its presence in the leisure travel market through the acquisition of AirSWIFT Transport Inc., a boutique
Cebu Pacific shares rise after acquiring AirSwift from Ayala Land
Shares of Cebu Pacific traded higher after the PSE lifted its suspension at 10:30 a.m. yesterday following the close of CEB’s acquisition of AirSwift from Ayala Land for P1.75 billion.
Cebu Pacific buys out Ayala airline for P1.75 billion
The Gokongweis are making a big bet on the growth potential of domestic travel as their budget carrier Cebu Pacific has bought out boutique airline AirSWIFT Transport Inc. for P1.75 billion.
Cebu Pacific buys AirSWIFT
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.
Cebu Pacific buys AirSwift for P1.75 billion
Cebu Pacific inks P1.75-B deal to acquire AirSWIFT operator
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.
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Philippines’ airline Cebu Pacific has fully acquired local carrier AirSWIFT for PHP1.75 billion (US$31 million) to expand its ...