EPISODE · Sep 12, 2011 · 22 MIN
Taking Flight in Turbulent Times
from The Breakfast Grille · host BFM Media
Cebu Pacific CEO Lance Gokongwei discusses: - Its early beginnings and and foray into the low-cost airline space;- Its full transition and re-fleeting into a full no-frills airline in 2005;- Views of full-service and whether its unpopularity is a portent of things to come;- Intense competition in the low-cost space;- How the DNA of a low-cost carrier and a full-cost carrier differs;- His views that the middle segment in air travel is disappearing;- His views of the share swap deal between AA and MAS;- Cebu's plan to internationalise;- Cebu Asia-Pacific's plan to buy 30 Airbus A321 Neo jets and the larger objective;- Southeast Asia's Open Skies Agreement;- Implications of a young fleet;- Why Airbus and not Boeing;- Slowing Asian economies and impact on Cebu's business;- Jet fuel: outlook - whether hedging at these levels;See omnystudio.com/listener for privacy information.
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Taking Flight in Turbulent Times
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