Airline

Cebu Pacific H1 2016 results

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Cebu Pacific H1 2016 results

Cebu Pacific Air Group has posted a net income of PHP7.7 billion ($164 million) for the six months to June 30, compared to PHP5.2 billion reported in the prior-year period. Revenue rose by 15.8% to PHP34.3 billion, boosted by a 20% jump in ancillary revenues to PHP6.1 billion. Fuel costs fell by 15....

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