Gokongwei invests in leading airline technology firm
Budget carrier Cebu Pacific has invested in Air Black Box Asia Pacific Pte. Ltd., an innovative software platform developer that allows diverse airlines to connect and cooperate.
Air Black Box Asia is a joint venture founded by Scoot Pte Ltd (a wholly owned subsidiary of Singapore Airlines Group), Nok Airlines Public Co. Ltd and VaultPAD Ventures, which includes the Air Black Box platform in its portfolio.
Through Air Black Box, customers will be able to view, select and book the best-available fares on flights from any of the airlines in the Value Alliance, in a single transaction directly from each partner website.
“This allows member airlines to combine inventory and at the same time, cooperate in a broader route network, which means more destinations, more routing options, and greater convenience for customers of each airline,” said JR Mantaring, Cebu Pacific VP for Corporate Affairs.
Cebu Pacific offers flights to 36 domestic and 30 international destinations, covering an extensive network that spans Asia, Australia, the Middle East, and the US.