Cebu Air Likely to Benefit From Positive Tourism Outlook in the Philippines -- Market Talk

Dow Jones

Feb 27, 2025

0634 GMT - Cebu Air will likely benefit from the positive tourism outlook for 2025 in the Philippines, Maybank Securities' Ronalyn Joyce Lalimo says in a research report. Visitors to the Philippines rose 9% on year in January, notes the brokerage, which expects to see full recovery in tourism by 2025. She says the recovery will be aided by government initiatives and infrastructure upgrades. The analyst also notes that Cebu Air is also undertaking a strategic re-fleeting plan, including the launch of new routes and aircraft deliveries. Moreover, airport rehabilitation and expansion projects are likely to enhance Cebu Air's long-term growth prospects, she says. The brokerage re-initiates its coverage of the stock with a buy rating and a target price of PHP40.00. Shares are 0.65% lower at PHP30.80. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 27, 2025 01:34 ET (06:34 GMT)

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Visitors to the Philippines rose 9% on year in January, notes the brokerage, which expects to see full recovery in tourism by 2025. She says the recovery will be aided by government initiatives and infrastructure upgrades. The analyst also notes that Cebu Air is also undertaking a strategic re-fleeting plan, including the launch of new routes and aircraft deliveries. Moreover, airport rehabilitation and expansion projects are likely to enhance Cebu Air's long-term growth prospects, she says. The brokerage re-initiates its coverage of the stock with a buy rating and a target price of PHP40.00. Shares are 0.65% lower at PHP30.80. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 27, 2025 01:34 ET (06:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cebu Air Likely to Benefit From Positive Tourism Outlook in the Philippines -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCebu Air Likely to Benefit From Positive Tourism Outlook in the Philippines -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-27 14:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0634 GMT - Cebu Air will likely benefit from the positive tourism outlook for 2025 in the Philippines, Maybank Securities' Ronalyn Joyce Lalimo says in a research report. Visitors to the Philippines rose 9% on year in January, notes the brokerage, which expects to see full recovery in tourism by 2025. She says the recovery will be aided by government initiatives and infrastructure upgrades. The analyst also notes that Cebu Air is also undertaking a strategic re-fleeting plan, including the launch of new routes and aircraft deliveries. Moreover, airport rehabilitation and expansion projects are likely to enhance Cebu Air's long-term growth prospects, she says. The brokerage re-initiates its coverage of the stock with a buy rating and a target price of PHP40.00. Shares are 0.65% lower at PHP30.80. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 27, 2025 01:34 ET (06:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4187","symbol_name":"航天航空与国防","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514484795","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514484795","pubTimestamp":1740638040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0634 GMT - Cebu Air will likely benefit from the positive tourism outlook for 2025 in the Philippines, Maybank Securities' Ronalyn Joyce Lalimo says in a research report. Visitors to the Philippines rose 9% on year in January, notes the brokerage, which expects to see full recovery in tourism by 2025. She says the recovery will be aided by government initiatives and infrastructure upgrades. The analyst also notes that Cebu Air is also undertaking a strategic re-fleeting plan, including the launch of new routes and aircraft deliveries. Moreover, airport rehabilitation and expansion projects are likely to enhance Cebu Air's long-term growth prospects, she says. The brokerage re-initiates its coverage of the stock with a buy rating and a target price of PHP40.00. Shares are 0.65% lower at PHP30.80. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4187":"航天航空与国防","AIRI":"Air Industries Group"},"translate_title":"宿务航空可能受益于菲律宾积极的旅游业前景——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIRI":1},"content_text":"0634 GMT - Cebu Air will likely benefit from the positive tourism outlook for 2025 in the Philippines, Maybank Securities' Ronalyn Joyce Lalimo says in a research report. Visitors to the Philippines rose 9% on year in January, notes the brokerage, which expects to see full recovery in tourism by 2025. She says the recovery will be aided by government initiatives and infrastructure upgrades. The analyst also notes that Cebu Air is also undertaking a strategic re-fleeting plan, including the launch of new routes and aircraft deliveries. Moreover, airport rehabilitation and expansion projects are likely to enhance Cebu Air's long-term growth prospects, she says. The brokerage re-initiates its coverage of the stock with a buy rating and a target price of PHP40.00. Shares are 0.65% lower at PHP30.80. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 27, 2025 01:34 ET (06:34 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}