02-Sep-2009 12:00 PM
Cebu Pacific profitable in 1H2009, Southwest to reduce capacity by 6% in 2009: LCC Share Wrap
Analysis
Privately-owned Philippine LCC, Cebu Pacific, reported a net profit of USD38 million 1H2009, a turnaround from a net loss of USD325,000 in the previous corresponding period, as revenues increased 2.1% (to USD236 million) in the period.
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