MANILA -Cebu Pacific, the budget airline of the billionaire Gokongwei family, is banking on sustained growth in the postpandemic era due to rising demand for air travel and the country's 'massive' tourism potential. 'The Philippines has a moment here with this young middle class, increasing the wealth of the nation but also wanting to travel,' said Cebu Pacific CEO Michael Szucs. 'We are strategically placed within the Asean (Association of Southeast Asian Nations) region to be a hub, allowing more connectivity between all the people in this region,' he added.
https://business.inquirer.net/424544/cebu-pacific-to-ride-ph-tourism-boom#inquirer
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