Airline

CEBU PACIFIC TO INVEST $1 BILLION OVER FOUR YEARS

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CEBU PACIFIC TO INVEST $1 BILLION OVER FOUR YEARS

Cebu Air, operator of Cebu Pacific, has stated it will be investing $1 billion in airline over the next four years. The move will include buying 19 Airbus aircraft, domestic expansion, and hiring 2,000 more employees. Cebu Air also plans to spend P300 million in 2011 “to promote the Philippine...

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