BUDGET carrier Cebu Pacific, operated by Cebu Air, Inc., announced on Tuesday that it recently passed the International Air Transport Association’s (IATA) operational safety audit.
“Cebu Pacific once again secure[d] the IATA’s Operational Safety Audit (IOSA) registration as it fully complies with its stringent global aviation safety standard,” the budget carrier said in an e-mailed statement.
The airline first joined the association in 2019.
“The IOSA audits the operator’s operational management and control systems covering organization management and control system, flight operations, dispatch, cabin, ground handling, cargo, maintenance and security,” Cebu Pacific said.
Cebu Air’s attributable net loss for the first half of the year was P13.8 billion, compared with a net loss of P9.1 billion in the same period in 2020.
Its first-half revenues dropped 65.9% to P5.9 billion from P17.3 billion previously.
Passenger revenue dropped 82.6% to P2 billion, while revenue from cargo grew 27.3% to P2.8 billion. Ancillary revenue for the period declined 69.4% to P1.1 billion. — Arjay L. Balinbin
