Taking Flight in Turbulent Times

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;