Cebu Pacific lowered the prices of fares due to novel coronavirus
The tourism industry is greatly affected by the novel coronavirus and because of this Cebu Pacific reduced the fares.
Since the government has already imposed travel bans and people are also scared of traveling due to Covid-19, tourism is also suffering. Aside from this, several foreign artists who were set to visit the country canceled their shows and engagements. The scare that the virus has brought to many people is indeed devastating.
In line with the suffering tourism industry, Cebu Pacific reduced fares across 70 domestic destinations, based on the report from Rappler. This promo has started on February 19 and passengers can avail as low as P88 base fare. Routes originating from Manila, Cebu, Cagayan de Oro, Davao, Iloilo, and Zamboanga are included in this promo. However, this is still subject to taxes.
Candice Iyog, vice president for marketing and customer experience of the airline company said, “Through this increase in the supply of seats and fare reductions across our domestic route network, we hope to encourage Philippine residents to travel and explore the country.” Furthermore, Cebu Pacific raised its capacity in domestic routes by an average of 44%.
Based on the report, airline companies were the ones who were first affected by the novel coronavirus. After implementing the travel ban in order to control the spread of the virus worldwide, the Department of Tourism (DOT) projected that the country is set to lose P42.9 billion in tourism revenues. This will fall for the month of February to April.
On the other hand, Finance Secretary Carlos Dominguez III said that the Philippines is “big enough” and will not go into a recession despite the scare that novel coronavirus is giving to many people.
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