Cebu Pacific is the Philippines’ leading low-fare airline that flies to 35 domestic and 24 international destinations across Asia, Australia and the Middle East.
The transaction is secured by two new Airbus A321NX aircraft, a modern new-generation aircraft type core to Cebu’s fleet. June Raj, MUFG managing director and head of aviation finance in Asia Pacific, said “the JOLCO market continues to be an attractive financing option for selected clients across the region”.
Diana Singson, MUFG managing director and head of global corporate and investment banking for the Philippines, said: “We have a long-running multi-product relationship with Cebu Pacific and its parent JG Summit, and are honored to support and further deepen our partnership with them through this JOLCO financing.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Time to close sustainable energy gaps in Asia and the PacificThe momentum behind these changes is growing and the opportunity to close these gaps must be seized This year we
Source: MlaStandard - 🏆 20. / 55 Read more »
Uy’s PH Resorts Group in talks with AppleOne as Cebu casino investorResorts Group Holdings Inc., a company led by businessman Dennis Uy, is in talks with Cebu-based property developer AppleOne Properties
Source: MlaStandard - 🏆 20. / 55 Read more »
PSE approves Metro Pacific’s delisting after tender offerThe Philippine Stock Exchange (PSE) said Tuesday it approved the delisting of infrastructure conglomerate Metro Pacific Investments Corp. (MPIC). The
Source: MlaStandard - 🏆 20. / 55 Read more »
Korean drama ‘Moving’ becomes most viewed series finale ever in Asia-Pacific on Disney+The Korean action thriller series “Moving” about the world of superhuman powers has set another record as the most viewed series finale ever on Disney+ across the Asia-Pacific region including Korea, the Philippines and Taiwan.
Source: manilabulletin - 🏆 25. / 51 Read more »
Mactan-Cebu airport, shut down after plane blocks runway, reopensRUNWAY 22 of the Mactan-Cebu International Airport (MCIA) was closed for more than two hours after a Cessna 208 (C208) plane, which was returning, got disabled on the runway, the Civil Aviation Authority of the Philippines (CAAP) said on Wednesday.
Source: TheManilaTimes - 🏆 2. / 92 Read more »