Cebu Pacific Adds Airbus A320s And 1Q Profit Soars

Given the severity and extended nature of pandemic-era travel restrictions throughout Southeast Asia, it is welcome news to see the region roaring back to life, partly driven by opening borders in major markets such as China, Hong Kong, Japan, South Korea and Taiwan. The magic ingredient is having the capacity available to meet the growing demand, and Cebu Pacific has managed that exceptionally well, adding 17 more aircraft to its fleet over the last twelve months.