Cebgo
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| Founded | 1995 (as SEAir Inc) | ||||||
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| Hubs | |||||||
| Fleet size | 8 | ||||||
| Destinations | 14 | ||||||
| Parent company | Cebu Pacific | ||||||
| Headquarters | 3rd Floor Cebu Pacific Building, 8006 Domestic Road, Pasay City, Philippines 1301 | ||||||
| Website | http://www.cebupacificair.com | ||||||
Cebgo is a low-cost airline serving the Philippines. It is the successor company to SEAir and South East Asian Airlines and then Tigerair Philippines. It is now owned by JG Summit, the parent company of Cebu Pacific which operates the airline. Its main base has been transferred from Clark International Airport (formerly Diosdado Macapagal International Airport), Angeles to Ninoy Aquino International Airport, Metro Manila.
History
The airline was established as SEAir Inc, in 1995 and started operations on the same year. However, its franchise was granted by Congress of the Philippines only on May 13, 2009 through Republic Act No. 9517.
The airline received its corporate registration from the Securities and Exchange Commission on 25 March 1995 mainly to operate aircraft leasing, chartering and few domestic scheduled flights. In May 1995, the airline was registered with the Clark Special Economic Zone to operate services in the Clark-Manila-Subic area and to tourist destinations throughout Luzon and the Visayas regions. It continued expanding its routes and opened a hub in Zamboanga City in 2002.
Seair was 60% owned by Philippine investors: 25% by Innocentes, 23% by Olivares, 11% by Triple Star Group Holdings, Inc. and 1% by Lopez. Foreign investment at 10% by Nikos Gitsis and Iren Dornier at 30%. Iren Dornier is a German pilot and entrepreneur, the grandson of German flying pioneer Claudius Dornier.
On 29 September 2006, a deal was announced in which Singapore-based Tigerair would enter a commercial and operational tie-up with SEAIR from February 2007, involving the leasing of two planes in Tigerair colours to SEAIR, who will operate the Tigerair' planes with SEAIR's pilots and crew, but will be marketed and sold via Tigerair website. The deal does not include shareholding transactions.[1] The tie-up was finally approved in 2008 after protest from four other Philippine airlines. However, due to the unfavorable operating environment, the plan was put into hiatus. Tigerair and SEAir revisited the partnership plan in 2010 and it was officially launched on 16 December 2010.
On March, 2008, SEAIR competitor Asian Spirit was sold for around 1 billion Philippine pesos.[2] Juice king (owner of Zest-o juices) and banker Alfredo M. Yao completed the takeover of flag carrier Asian Spirit Inc. (ASI), and has shown interest in a merger with SEAIR, where Asian Spirit and SEAIR merge operations under one company and one airline.[3] The New Owners of Asian Spirit, famous for its beverage products under the Zesto group, is apparently eyeing for a majority 60 percent stake in SEAIR.[4]
On 16 December 2010, Tigerair entered the Philippines market by proxy, without setting up an airline in Philippines. Instead, Tigerair went into partnership with SEAir, whereby Tigerair will lease aircraft to SEAir, and SEAir will operate the aircraft in SEAir's livery, using SEAir's pilot and cabin crew. Seats on the flight operated by SEAir using aircraft leased from Tiger will be sold and marketed by Tiger for SEAir. Shortly after SEAir and Tigerair launch the partnership, Philippine Airlines, Cebu Pacific, Zest Airways, and Air Philippines sent a letter of protest to the Department of Transportation and Communications claiming the partnership between SEAir and Tigerair was illegal and requested the authorities to stop flights operating under the partnership.[5] The Tigerair-SEAir Partnership began with international flights from Clark to Singapore, Hong Kong, and Macau. It was then expanded to domestic destination from Manila (NAIA) to Davao and Cebu (slated to launch in July 2011). However, the Civil Aeronautics Board (CAB) ordered the sales of the domestic flight under the partnership to be suspended on 20 May 2011, after receiving complaints from Philippine Airlines and Cebu Pacific. Since the ban from CAB was lifted in October 2011, the planned domestic flight (between Manila(NAIA) to Davao and Cebu) was scheduled to start in May 2012.[6]
In February 2011, Tiger Airways Holdings Ltd, parent of Tigerair, purchased 32.5% shares of SEAir Inc. They increased the shares to 40% in August 2012.
In December 2012, CAB approved SEAir's application to form SEAir International. SEAir-I will fly domestic and long-haul international route. It will be a full-service airline focusing on leisure destinations. Seair-I is an independent operation from Seair Inc. which has now rebranded as "Tigerair Philippines". "The two carriers have some common shareholders but it is not a unit of the other. Seair-I was formed to take on the turboprop division [of Seair Inc.] which was excluded in the share sale with Tigerair."[7]
Founded in 1995 as SEAir or South East Asian Airlines, it became Tigerair Philippines after the Singapore-based low-cost carrier Tigerair acquired a 40% ownership share. Following approval from the Civil Aviation Authority of the Philippines, SEAir Inc was renamed "Tigerair Philippines" on 7 June 2013.
In January 2014, Cebu Pacific Air announced that it was acquiring the entirety of Tigerair Philippines for US$14.5 million by buying all shares.[8] The airline will continue to operate as "Tigerair" for some time but will eventually be fully merged into Cebu Pacific's operations.[8]
In May 2015, for the fourth time, Tigerair Philippines rebranded into Cebgo to reflect the relationship between Tigerair Philippines as wholly owned subsidiary airline of its parent Cebu Pacific Air.[9] Cebu Pacific acquired Cebgo in 2014 from Tiger Airways and its local partners. It was the third time the airline has changed ownership from original owners during its inception in 1995.
Destinations
Cebgo domestic destinations includes Manila, Clark, Cebu, Puerto Princesa, Davao, General Santos, Iloilo, Roxas, Kalibo, Cagayan de Oro, Bacolod, Tacloban and Tagbilaran.
Fleet
As of October 2015, Cebgo's fleet includes the following aircraft:[10]
| Aircraft | Total | Orders | Notes |
|---|---|---|---|
| ATR 72-500 | 8 | — | All painted in Cebu Pacific livery |
| Aircraft | Total | Notes |
| Airbus A320-200 | 5 | All aircraft painted in Cebu Pacific livery |
Former fleet (including South East Asian Airlines and SEAir):[11]
| Aircraft | Total | Notes |
|---|---|---|
| Dornier 328-110 | 1 | Retired in 2012 |
| Let L-410UVP-E Turbolet | 2 | |
| Aircraft | Total |
|---|---|
| Dornier 328 | 2 |
| Boeing 737-700 (Cargo) | 2 |
References
- ↑ "Channel NewsAsia". Channel NewsAsia.
- ↑ Asian Spirit sold for around P1B
- ↑ "SEAIR, Asian Spirit merger looms; streamlining eyed". GMA News Online.
- ↑ "Philippines Yao Group to acquire Asian Spirit - eTurboNews.com". eturbonews.com.
- ↑ Airlines hit SEAir, Tiger Airways partnership
- ↑ "BusinessWorld - Seair readies new routes with ban lifted". bworldonline.com.
- ↑ "Seair International cleared for takeoff". InterAksyon.com.
- 1 2 Dennis, William (January 8, 2014). "Cebu Pacific To Acquire Tigerair Philippines". Aviation International News. Retrieved 9 January 2014.
- ↑ Manila Bulletin. "Tigerair Philippines renamed Cebgo". mb.com.ph.
- ↑ "SEAIR - South East Asian Airlines Fleet Details and History". planespotters.net.
- ↑ rzjets Operator page
External links
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Wikimedia Commons has media related to South East Asian Airlines. |
