Cebu Pacific flies high in IPO; offering is largest global LCC IPO
Philippines’ largest domestic carrier, Cebu Pacific, raised over USD500 million in its IPO as the carrier’s shares made their debut in late Oct-2010 on the surging Manila stock exchange. According to Bloomberg data, Cebu Pacific's fund raising exceeded initial levels achieved by other LCCs including Southwest Airlines (USD7.2 million), Ryanair (USD159.6 million), AirAsia (USD220.3 million) and, more recently, Tiger Airways (USD175.9 million).
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.