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Cebu increases frequencies for upcoming peak season

EMIRATES BUSINESS Philippines’ leading airline, Cebu Pacific (PSE: CEB), has announced additional flight frequencies from Manila, Cebu, Iloilo, and Davao to key domestic and international destinations, to accommodate passenger demand during the summer peak travel period. The airline also launched an exclusive seat sale for its routes between the GCC region and the Philippines. Travelers looking to book flights between ...

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Loeb victory may prove hollow

TOKYO / Reuters Activist investor Daniel Loeb claimed success after the surprise exit of convenience store pioneer Toshifumi Suzuki as CEO of Seven & i, saying it was a step forward for corporate governance in Japan, but his victory may turn out to be pyrrhic. The sudden departure of its 83-year-old patriarch left the $90 billion retail conglomerate without a ...

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Delta nears jet order as planemakers jostle for deal

Bloomberg Delta Air Lines Inc. is nearing a decision on upgrading its single-aisle fleet as four planemakers bid furiously to win the order, people familiar with the matter said. Airbus Group SE, Boeing Co., Bombardier Inc. and Embraer SA are competing for the sale as the second-largest US carrier seeks to replace its McDonnell Douglas MD-88 workhorse jets for shorter ...

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