Cebu Pacific Expands Domestic and International Operations

Low fare leader and pioneer, Cebu Pacific (PSE: CEB) announced increase in flight frequencies for eight of its major international routes in Hongkong, Singapore, Kuala Lumpur, Brunei, Seoul, Bangkok,  Vietnam and Jakarta.  

The expansion will be powered by an expanded fleet with three brand-new Airbus A320 aircraft delivered in the last quarter of 2010.

Starting December, 2010:

• Manila - Hong Kong service will be five times daily
• Manila - Singapore service will be 32 times weekly.
• Manila - Kuala Lumpur service will be 10 times weekly
• Manila  - Brunei service will be thrice weekly
• Manila - Ho Chi Minh service will be daily
• Manila - Jakarta service will be four times weekly

The operations will be expanded further in early 2011:

• Manila - Seoul (Incheon) service will be twice daily
• Manila - Bangkok service will be 10 times weekly.

"These are all part of our international expansion plan as we continue to take delivery of more brand-new Airbus A320 aircraft in the coming months," said CEB VP for Marketing and Distribution Candice Iyog.

CEB is also adding flights to select domestic destinations:

• Cebu - Bacolod direct flights will be twice daily starting November 24,2010.
• Manila - Cebu flights will be 12 times daily
• Manila - Boracay (Caticlan) flights will be 11 times daily. 
• Cebu - Puerto Princesa will seven times weekly.
• Cebu - Boracay (Caticlan) and General Santos will be twice daily
• Manila - Kalibo flights will be 16 times weekly
• Manila - Puerto Princesa flights will be four times daily starting February 5, 2011.

For CEB booking and inquiries, guests can visit Cebu Pacific website or Funtours or call +63 (2) 7020-888 or +63 (32) 230-8888. The latest seat sales can also be found on cebupacificair on Twitter and Facebook Fan Page.
 

"Guests without credit cards can also book online and use our payment centers to pay. These centers include Bancnet online, LBC, Megalink, and partner banks Metrobank, BDO and Robinsons Savings Bank," Iyog said.
 

CEB operates the youngest aircraft fleet in the country, and will take delivery of three brand new A320 aircraft in the last quarter of 2010. The airline flew the most number of domestic and international passengers in the 1st half of 2010, based on Civil Aeronautics Board data.

Source:

CEB Disclosure to PSE 

Nov 5, 2010

Globe Doubles Broadband Base to 1M Subscribers

Globe Telecom doubled its broadband subscriber base to 1M subscribers in Sept 2010, up from 517,355 subscribers in 2009.  Globe Telecom, with one of the largest WIMAX deployments in Southeast Asia, posted tremendous growth in its broadband users, with a compounded growth rate of 123% since 2006, in DSL (wired Internet), Broadband Tatoo (mobile wireless Internet) and WIMAX (fixed wireless Internet) subscribers.

Globe WIMAX subscribers passed the 100,000 mark in July 2010.  WIMAX (Worldwide Interoperability for Microwave Access) is a next-generation fixed wireless broadband technology used to provide affordable and reliable high-speed internet service, normally faster than many other broadband services.  WIMAX can cover areas not covered by traditional wired Internet solutions.

"We are seeing robust growth in subscriber takeup for our DSL, Broadband Tatoo and WIMAX offers, especially in the provinces. ... We are happy to hit the one million milestone for broadband users, and expect our growth trajectory to continue by year end. We aim to be the preferred provider by more subscribers as we introduce new products and improve the surfing experience of our customers," said Ernest Cu, President and CEO of Globe.

Globe has the largest WiMAX network in the Philippines, covering nearly 60 provinces and 365 key cities, including Metro Manila, Cainta, Antipolo, Taytay, Plaridel, Cabanatuan, Dasmarinas, Bacoor, Imus, Tanza, Calamba and Batangas City in Luzon  plus Cebu City, Cagayan de Oro and Zamboanga in Southern Philippines.

Globe has invested US$120M for expansion of its broadband network during the first six months of 2010.

source:
Globe Telecom disclosure to PSE
Nov 2, 2010.