Cebu Pacific Air (CEB) Group—made up of LCC Cebu Pacific and its wholly owned subsidiary Cebgo—posted a first-half net income of PHP5.2 billion ($112 million). This was an increase of 64% over the PHP3.178 billion earned in the year-ago period. Cebgo is formerly Tigerair Philippines. The first half also saw CEB Group revenues increase 10.4% year-on-year to PHP29.506 billion. The two Philippine-based airlines carried more than 9.2 million passengers, with passenger revenues up ...

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