Cebu Air to Target Strategic Partners for Bond Issuance

The video discusses the airline's strategy to engage strategic investors and comply with regulatory requirements. It explores potential government aid and financial assistance, emphasizing collaboration with stakeholders during the COVID-19 crisis. The airline negotiates with creditors and suppliers for financial relief and discusses fleet management strategies, including aircraft storage and right sizing. Future plans include managing aircraft orders and maintaining a long-term strategy with Airbus.

What is the primary focus of the airline's strategic partnerships?

• To acquire new aircraft

• To expand into new markets

• To work with a group of strategic partners

• To reduce operational costs

Why is government aid considered important for the airline?

• It is the only source of funding

• It helps in bankruptcy proceedings

• It is a crucial part of a collaborative recovery effort

• It allows for immediate expansion

How has the airline managed its relationships with creditors and suppliers?

• By terminating contracts

• By seeking deferrals and support

• By increasing payments

• By ignoring their concerns

What strategy is the airline using to manage its fleet during the pandemic?

• Selling all aircraft

• Canceling all future orders

• Parking some aircraft and maintaining flexibility

• Increasing the number of flights

Where has the airline parked a portion of its fleet?

• In Europe

• In Singapore

• In the United States

• In the Australian deserts

What is the airline's stance on the A330 NEO aircraft?

• They plan to cancel all orders

• They have already received all units

• They are unsure about its future

• They are committed to integrating it into their long-term strategy

How does the airline plan to handle its older fleet?

• By using them for short-haul flights

• By converting them into cargo planes

• By maintaining an orderly exit strategy

• By immediately selling them