Retail Asia12/02/2020
2min0
Cebu Pacific expects the coronavirus outbreak to impact its bottom line by up to Ps4 billion ($79 million). The low-cost carrier estimates that it will see “a Ps3-4 billion swing on profit” should the outbreak remain unabated over the next six months. It makes this estimate based on 2003’s Severe Acute Respiratory Syndrome (SARS) outbreak, […]