Cebu Air, Inc. (CEB) Stock Price

0.33%
Price Data
₱30.50
₱31.00
₱30.20
₱35.00
₱26.10
Market Data
₱19.67 Million
₱19.05 Billion
26.29
₱1.16
₱-9.17

Company Profile
Cebu Air, Inc. (CEB) was incorporated on August 26, 1988 as an airline company that operates under the trade name "Cebu Pacific Air". 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. As of December 31, 2022, CEB operates a route network serving 70 domestic routes and 22 international routes with a total of 2,694 scheduled weekly flights. The Company operates from seven hubs, including the Ninoy Aquino International Airport Terminals 3 and 4 in Pasay City; Mactan-Cebu International Airport in Lapu-Lapu City, Cebu; Diosdado Macapagal International Airport in Clark, Pampanga; Davao International Airport in Davao City, Davao del Sur; Ilo-ilo International Airport in Ilo-ilo City; Kalibo International Airport in Kalibo, Aklan; and Laguindingan Airport in Misamis Oriental. Source: The Company (2023)/SEC Form 17-A (2022)
Stock Information
Sector
Services
Subsector
Transportation Services
Outstanding Shares
624,436,133
Share Type
Common
ISIN
PHY1234G1032
100