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Cebu Air, Inc.

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Company Description
Cebu Air, Inc. (CEB), which is an airline company that operates under the trade name "Cebu Pacific Air," was incorporated on August 26, 1988. CEB pioneered the "low fare, great value" strategy in the local aviation industry. In 2005, the Company adopted the low-cost carrier business model, whose strategy is to offer affordable air service to passengers.

The Company was granted a 40-year legislative franchise to operate international and domestic air transport services in 1991. CEB commenced its scheduled passenger operations in 1996 with its first domestic flight from Manila to Cebu. International operations began in 2001 with flights from Manila to Hong Kong.

On March 20, 2014, CEB acquired 100% ownership of Tiger Airways Philippines (TAP), including a 40% stake in Roar Aviation II Pte. Ltd., a wholly-owned subsidiary of Tiger Airways Holdings Limited. On April 27, 2015, with the approval of the Securities and Exchange Commission, TAP was rebranded and now operates as CEBGO, Inc.

At present, CEB operates a route network consisting of 72 domestic routes and 41 international routes with a total of 3,376 scheduled weekly flights. It operates from seven hubs, including the Ninoy Aquino International Airport Terminals 3 and 4 in Pasay City; Mactan-Cebu International Airport in Cebu; Diosdado Macapagal International Airport in Clark, Pampanga; Davao International Airport in Davao; Ilo-ilo International Airport in Ilo-ilo City; Kalibo International Airport in Kalibo, Aklan; and Laguindingan Airport in Misamis Oriental.

Source: SEC Form 17-A (2019)
Security Information
Sector Services
Subsector Transportation Services
Corporate Life 50
Incorporation Date Aug 26, 1988
Number of Directors 9
Stockholders' Meeting as per By-Laws Per By-Laws: June - Fourth Thursday
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Banco de Oro Unibank, Inc. - Trust Banking Group
Contact Information
Business Address Cebu Pacific Building, Domestic Road, Barangay 191, Zone 20, Pasay City
E-mail Address invrelation@cebupacificair.com
Telephone Number (632) 8802-7000
Fax Number (632) 8851-7362
Website http://www.cebupacificair.com