“Cebu Pacific” — 3 distilled results

Southeast Asian budget airlines struggle with lingering fuel costs

As of August 25, Malaysia's AirAsia, Singapore Airlines' budget subsidiary Scoot, and the Philippines' Cebu Pacific reported that efforts to offset soaring fuel expenses through higher ticket fares fell short of recovery goals. The regional low-cost carriers remain scarred by fuel cost pressures despite signs of operational recovery.

rss:japantimes 35d ago