Cebu Pacific eyes New Zealand flights

Cebu Air Inc. is asking the Civil Aeronautics Board (CAB) to designate Cebu Pacific as an official Philippine carrier to New Zealand.

The budget airline wants entitlements to operate seven weekly flights under the  confidential memorandum of understanding signed by Manila and Wellington.

The Philippines and New Zealand concluded a new air agreement last month, increasing the number of seats and expanding the the freed traffic rights.

Manila and Wellington also expanded the frequency entitlements to 21 flights a week from three.

Under the new air pact, the Philippines and New Zealand agreed to strengthen the fifth freedom exchange by allowing Philippine carriers to operate fifth freedom flights to Australia while New Zealand  carriers get to operate fifth freedom flights to China. – VS, GMA News