Cebu Pacific has canceled flights to and from mainland China, Macau, and Hong Kong from February 2 to March 29 due to coronavirus outbreak,
Cebu Pacific expects up to $79 million hit from coronavirus outbreak.
Mactan-Cebu International Airport based Airline estimates that it will see “a Ps3-4 billion swing on profit” should the outbreak remain unabated over the next six months.
More than 50 airlines have suspended or cancelled flights to mainland China and it is expected to extend for another 3 to 6 months.
Macau, the world’s biggest gambling center, will close its casinos for two weeks as flights are cancelled.