Cebu Pacific loses P1.18 billion in Q1 of 2020

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Piso Fare Promo - The COVID19 pandemic has caused the low cost airline, Cebu Pacific a net loss of about Php 1.18 billion in the 1st Quarter of the year 2020. That is around 135% sharp drop in earnings. This could be due to flight suspension for both their domestic and international routes.

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On wednesday, April 29, the company has posted a disclosure of the said net loss amounting to Php 1.18 billion to the Philippine Stock Exchange or PSE. The percentage drop is lower than Php 3.36 billion they earned a revenue on the same period being compared to the previous year.

3 options for cancelled flights with Cebu Pacific

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Piso Fare 2020 - There is an extension of the enhanced community quarantine is some parts of the Philippines especially the entire Luzon. With that, Cebu Pacific has also extended the suspension of their flights for both domestic and international flights until April 30, 2020. The passengers who have purchased their plane tickets in advance have been given three options to either REFUND, REBOOK or set it as a TRAVEL FUND in their future flights.

What is needed to do?


Cebu Pacific has initiated a Self-service option feature in their website for guests can voluntarily change their flights from May 1 to September 30, 2020.

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Let us check the following options.

What to do with canceled flights due to COVID19?

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Piso Fare Promo: The three major airlines of the country namely Philippine Airlines, Cebu Pacific and AirAsia have released their official press to all their passengers who have booked tickets for their flights that are affected by cancellations due to COVID-19. Since the government of the Philippines has imposed travel bans and restrictions to both domestic and international flights to contain the  spread of the novel corona virus, the airlines have to adhere to the mandate of the authorities.

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Here is what you will do if your flight is canceled due to COVID-19.