CebuPac six-month net loss widened to P5.59 Billion

MANILA, Philippines — Cebu Pacific sank deeper into the red in the second quarter, posting a P5.5-billion net loss that pushed its first-half losses to P5.9 billion, as it grappled with what it described as “one of the most challenging operating environments we have faced post-pandemic.” In a disclosure on Thursday, the Gokongwei-led budget carrier