Cebu City—(PHStocks)—ANA Holdings and Cebu Pacific (Cebu Air Inc., PSE: CEB) have joined Air Black Box Asia Pacific Pte Ltd as shareholders, as a signal of the carriers’ confidence in the leading airline technology company.
Cebu Pacific is the parent for Cebgo and ANA Holdings is the parent company for ANA and Vanilla Air.
Air Black Box Asia Pacific is a joint venture founded by Scoot Pte Ltd (a wholly owned subsidiary of Singapore Airlines Group), Nok Airlines Public Co. Ltd and VaultPAD Ventures, which includes the Air Black Box platform in its portfolio.
Air Black Box has built an innovative software platform that allows diverse airlines to connect and cooperate. The platform is credited with making Asia’s Value Alliance possible.
The Value Alliance includes Scoot, Nok Air, NokScoot, Tigerair Singapore, Tigerair Australia, Cebu Pacific, Cebgo, Vanilla Air and Jeju Air. The airlines cooperate across a combined route network of over 160 destinations.
Through Air Black Box, customers will be able to view, select and book the best-available fares on flights from any of the airlines in the Value Alliance, in a single transaction directly from each partner website. “This allows member airlines to combine inventory and at the same time, cooperate in a broader route network, which means more destinations, more routing options, and greater convenience for customers of each airline,” says Atty. JR Mantaring, CEB Vice President for Corporate Affairs.
In welcoming the new shareholders, company Chairman William Liu said, “Following the launch of the Value Alliance earlier this year, I am pleased to welcome ANA Holdings and Cebu Pacific as new shareholders into the community and to have their representatives join the Air Black Box Asia Pacific’s board of directors.”
Air Black Box Asia Pacific will continue expanding its footprint as its Value Alliance airline customers adopt Air Black Box technology. The company expects to announce additional airline customers in the Asia Pacific region in the near future.
Air Black Box, which has patents pending, has earned two significant industry awards for its innovative technology: the 2016 Witovation Editor’s Choice Award, which focuses on the Asian marketplace, and the 2016 CAPA Award for Excellence for innovation, which honours major contributions in the global marketplace.
About Cebu Pacific
Cebu Air Inc., doing business as Cebu Pacific, is the Philippines’ largest airline, offering its low-cost services to more destinations and routes with higher flight frequency than any other carrier in the country.
Cebu Pacific entered the aviation industry on March 1996, pioneering the “low fare, great value” strategy, and have since flown over 130 million passengers.
Cebu Pacific’s route network reaches all of the Philippines’ major island groups using aircraft based in Manila, Cebu, Davao, Clark, Iloilo and Kalibo. Cebu Pacific offers flights to 36 domestic and 30 international destinations, covering an extensive network that spans Asia, Australia, the Middle East, and USA.
Its 58-strong fleet is comprised of six Airbus A319s; 36 Airbus A320s; six Airbus A330s; eight ATR 72-500s, and two ATR 72-600 aircraft. Between 2016 and 2021, Cebu Pacific expects delivery of two more new Airbus A330s, 32 Airbus A321neos, and 14 ATR 72-600 aircraft.
Its wholly owned subsidiary, Cebgo, currently offers flights to 24 Philippine destinations from its strategic hubs in Manila and Cebu.
Passengers may book tickets through www.cebupacificair.com, use the Cebu Pacific Mobile App (available for iOS and Android devices), or contact our Call Center. Connect with us on Facebook.com/cebupacificairphilippines/, Twitter.com/CebuPacificAir, Instagram.com/cebupacificair/, Youtube.com/user/Cebupacificair.
For more information see www.cebupacificair.com