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Cebu Pacific Air confident of return to profit

Victoria Tozer-Pennington
By Victoria Tozer-Pennington Apr 28, 2023 2 mins read
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Cebu Pacific Air confident of return to profit

Cebu Pacific is expecting return to profit citing capital raising activities and resurgence of air travel. In a recent filing, the airline said: “has already put into place certain initiatives since 2021 which would bring its stockholders’ equity from negative to positive.” “We intend to wip...

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