CEBU PACIFIC REVENUE GROWS IN THE FIRST QUARTER 2026

Cebu Pacific brought in more revenue in the first quarter, helped by more seats and steady passenger demand, but peso depreciation pushed the airline to a net loss.

The airline reported ₱33.3 billion in total revenue, up 10 percent from the same period last year. It carried 7.5 million passengers, an 8 percent increase, while its seat load factor reached 83.7 percent.

Passenger revenue rose 6 percent to ₱22.5 billion. Ancillary revenue grew faster at 19 percent to ₱9 billion, helped by better yields from add-on services. Cargo revenue also increased 8 percent to ₱1.8 billion, supported by higher widebody capacity.

Cebu Pacific also improved its operating performance. EBITDA climbed 26 percent to ₱8.4 billion, while operating income rose 54 percent to ₱3 billion. Core income before tax also improved to ₱1.3 billion from ₱325 million last year.

The main drag came from non-core foreign exchange losses of ₱1.8 billion due to quarter-end peso depreciation. This led to a net loss of ₱400 million, compared with a ₱466 million net income in the same period last year.

Cebu Pacific ended March 2026 with 101 aircraft and more than ₱23 billion in cash.

“Our first-quarter performance reflects the strength of our network and disciplined capacity deployment,” said Mike Szucs, Chief Executive Officer of Cebu Pacific. “As we navigate a more volatile operating environment amid higher fuel prices, we are taking a more cautious and measured approach focused on margin protection, prudent capacity deployment, and liquidity preservation. Our scale, fleet efficiency, and strong domestic network position us well to navigate near-term uncertainty while continuing to build long-term value.”

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Belen leads Team Heart in fourth-set surge to rule PVL All-Star

 

Team Heart's Bella Belen (PVL Images)

By Manila Bulletin Newsroom

CANDON, Ilocos Sur – Team Heart delivered a commanding performance in the fourth set to put away Team Hustle, 25-18, 18-25, 25-23, 25-17, in the PVL exhibition match of the 2026 Volleyball All-Star Showcase on Friday night, May 1, at a packed Candon City Arena here.

CANDON, Ilocos Sur – Team Heart delivered a commanding performance in the fourth set to put away Team Hustle, 25-18, 18-25, 25-23, 25-17, in the PVL exhibition match of the 2026 Volleyball All-Star Showcase on Friday night, May 1, at a packed Candon City Arena here.

Powered by MVP Bella Belen, Team Heart split the first two sets with Team Hustle in a tightly contested opening before finding another gear in the closing stages of the third set to seize momentum.

From there, Team Heart carried that energy into the fourth frame, racing to an early lead and never letting up to finally close out the match and secure the P100,000 top prize in a fitting finish to the showcase.  

“Ayun po, masaya po kami kasi nakapag-interact kami with the fans. So, parang sa part namin mas nakakatuwa na makita po yung fans na nage-enjoy,” said Belen.

A blistering 11-1 start in the fourth set set the tone for Team Heart, which had just edged the third frame. They maintained full control from there, reaching match point at 24-17 before sealing the win.

Adding to the All-Star atmosphere, the match featured several lighthearted twists, including a coach and a line judge taking service attempts, players rotating into line judging duties, and liberos testing their luck in attacking plays, embracing the event’s festive spirit.

On the final play, court assistant Jhyson Manzano—brought in by Alyssa Valdez—finished the match with a cross-court hit off a set from Jia De Guzman, with the ball deflecting off Kath Arado to cap the entertaining showcase.  

“Talagang sobrang happy kasi sobrang daming fans sa Candon,” said Team Heart head coach Rald Ricafort.

“Sobrang happy din nila kasi nakikita nila ‘yung iniidolo nilang players, kaya ako, na-overwhelm ako sa Candon kasi grabe ‘yung volleyball community dito. Parang hindi namin ine-expect na ganun ‘yung makikita namin sa arena,” he added.

Team Hustle settled for the runner-up finish and the P50,000 consolation prize.

In the side events, Team Power—fresh from its win in the Spikers’ Turf All-Star Game—kept its momentum, ruling the Infinite Volley Extravaganza Challenge behind Noel Kampton, Ysay Marasigan, Jayvee Sumagaysay, and fan Maria Ruzzel Rogel as they defeated Team Passion’s Jared Schnake, Nas Gwaza, Jau Umandal, and spectator Keen Malintad.

Meanwhile, Team Blue, composed of Kath Arado, Alyssa Eroa, John Pepito, and Rikko Marmeto, topped the Crosscourt Sniper Challenge after outlasting Team Yellow, which featured Dawn Catindig, Justine Jazareno, Vince Lorenzo, and Menard Guerrero.

Lineup of new HYBE-Geffen girl group Saint Satine confirmed

By Jonathan Hicap

Published May 13, 2026 12:02 pm | Updated May 13, 2026 04:27 pm

HYBE and Geffen Records have confirmed the final lineup of their new global girl group, Saint Satine, which is set to debut following the success of KATSEYE.

The companies unveiled the members of Saint Satine through the audition program “World Scout: The Final Piece.”

The group will consist of Emily from the United States, Lexie from Sweden, Sakura from Japan, and Samara from Brazil.   

Sakura was announced as the final member of the group and expressed gratitude after securing her spot in the lineup.

“I wanted to become an artist who shines on the world stage. I am grateful to have achieved my dream,” she said.

Performance director Son Sung-deuk explained the meaning behind the group’s name, saying “‘Saint’ signifies intense charisma and musical presence, while ‘Satine’ represents a soft, elegant, and sophisticated image.”

Members of KATSEYE also attended the event announcing the new act.   

Saint Satine is scheduled to debut in the second half of the year.

Meanwhile, HYBE also unveiled a new mission statement, vision, and corporate identity as part of the company’s next phase of growth and long-term business strategy.

The company’s new mission statement is: “Discover A New Universe, Unlock An Immersive Journey.”

According to HYBE, the mission reflects its commitment to creating immersive experiences through artists, content, and services that allow fans to discover new tastes, identities, and worlds.

The company said the mission also underscores its goal of continuously delivering new experiences in response to changing times and evolving generations.

HYBE added that its previous mission statement, “We believe in Music,” will continue to serve as a guiding principle for its music businesses.   

To support its new direction, the company also introduced an updated vision statement: “Global Entertainment Lifestyle Platform Company Based on Music and Technology.”

HYBE said the revised vision highlights its ambition to grow into an entertainment lifestyle platform company powered by both music and technology.

“The most significant change in the updated vision is the explicit addition of ‘Technology,’” the company said.

“While music and fans remain at the core and utmost priority, the new vision encapsulates our commitment to advancing the industry by incorporating necessary technology to expand the boundaries of the fan experience,” it added.

Saint Satine member Lexie (Instagram)

Saint Satine member Emily (Instagram)

Saint Satine member Samara (Instagram)

Saint Satine member Sakura (Instagram)

Fünf Millionen Babyboomer steuern auf Rentenfalle zu

 Stand:

13.05.2026, 10:12 Uhr

Von: Julia Stanton

Eine neue Studie zeigt, dass mehr als fünf Millionen Babyboomer im Ruhestand in Armut rutschen könnten. Schuld sind vor allem hohe Mieten.

München – Die Zahlen sind alarmierend: Rund 5,1 Millionen Menschen der Babyboomer-Generation – also der Jahrgänge 1960 bis 1969 – werden im Alter weniger als 800 Euro monatlich aus der gesetzlichen Rente erhalten. Das geht aus einer Berechnung des Pestel-Instituts hervor, die im Auftrag der Industriegewerkschaft Bauen-Agrar-Umwelt (IG Bau) erstellt wurde. Das entspricht rund 40 Prozent aller Babyboomer, die in den kommenden zehn Jahren in den Ruhestand gehen werden – insgesamt etwa 12,9 Millionen Menschen.     

Wohnkostenarmut bedroht Millionen Senioren in Deutschland. ©  IMAGO / Sven Simon

„Mit so einer Niedrigrente werden viele Betroffene dauerhaft auf Hilfe vom Staat angewiesen sein. Spätestens die Miete drängt einen Großteil der Baby-Boomer dann in die Wohnarmut. Die Schere zwischen der Rente und steigenden Wohnkosten – also Miete, Heiz- und Nebenkosten – wird für die kommende Rentnergeneration immer weiter auseinandergehen“, warnte IG-Bau-Chef Robert Feiger in einer Mitteilung der Gewerkschaft. Auch in der Bevölkerung herrscht Skepsis: Laut einer Civey-Umfrage im Auftrag des Sozialverbands Deutschland (SoVD), die der Bild am Sonntag vorlag, glauben 82 Prozent der Befragten nicht daran, dass ihre gesetzliche Rente ausreichen wird, um ihren Lebensstandard im Alter zu sichern.  

Wohnen in der Rente wird zum Problem: Ein Bundesland besonders betroffen

In absoluten Zahlen ist Nordrhein-Westfalen als bevölkerungsreichstes Bundesland am stärksten betroffen: Laut der Pestel-Berechnung könnten dort weit mehr als eine Million Babyboomer in Wohnarmut abrutschen. Doch das Problem ist bundesweit spürbar. In Großstädten wie Hamburg seien Senioren bereits heute gezwungen, ihre Wohnorte zu verlassen. Das Hauptproblem sind die hohen Mieten, die sich viele Senioren nicht mehr leisten können.

Schon heute leben laut dem Pestel-Institut mehr als 760.000 Menschen im Rentenalter von Grundsicherung. Das entspricht einem Anteil von rund 4,3 Prozent aller Rentner. Vor 15 Jahren waren es noch 2,5 Prozent. „Angesichts der Zahlen gehe ich davon aus, dass sich in zehn Jahren rund sieben Prozent der Rentner in der Grundsicherung befinden könnten“, sagte der Ökonom und Geschäftsführer des Pestel-Instituts, Matthias Günther, bei der Rheinischen Post.  

Rente im Ausland: Die zehn besten Länder für den Ruhestand

Fotostrecke ansehen

IG Bau fordert Neubau und Rentenreform

Um das zu verhindern, müsste mehr bezahlbarer Wohnraum geschaffen werden, fordert die IG Bau. „In Deutschland fehlen 1,4 Millionen Wohnungen. Die Mieten steigen weiter. Und auch jetzt, nachdem die neue Bundesregierung ein Jahr im Amt ist, ist vom versprochenen ‚Bauen, bauen, bauen‘ wenig zu spüren“, sagte Feiger. Bezahlbares Wohnen sei die „soziale Frage Nummer 1“. Darüber hinaus sprach sich Feiger für eine Umverteilung im Rentensystem aus: Die Rente müsse im unteren Bereich steigen, hohe Renten könnten im Gegenzug sinken.

Trust or Reliance?

 

rust or reliance? What is faith for you?

By

 Mindanao Daily News

 -

May 13, 2026

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To say it clearly: without faith we are really nothing. Faith is belief; believe in us, beliefs in our works, talents and personalities.

We also should believe in our parents or better, in the whole family including the black sheep, who can be found everywhere. We should also believe in our friends, even sometimes it seems to become a very difficult task. A friend? A real friend? An expatriate friend…?

Without faith, we will be reaching the rock bottom. Please don’t say, it’s a likely story. The German poet Johann Christian Friedrich von Schiller (1759-1815) mentioned in his drama “Maria Stuart”: “Even the word might be dead, but faith keeps it alive.” Yes, I can live with this.

Faith and hope belong together. In his book “Through the Valley of the Kwai”, Scottish officer Ernest Gordon wrote of his years as a prisoner of World War II. The 6’2” man suffered from malaria, diphtheria, typhoid, beriberi and jungle ulcers. Many circumstances quickly plunged his weight to less than 100 pounds. Lying in the dirt of the death house, he waited to die. But every day, a fellow prisoner came to wash his wounds and to encourage him to eat parts of his own rations. As this fellow prisoner nursed Ernest back to health, he talked with the agnostic Scotsman of his own strong faith in God and showed him that, even in the midst of suffering – there is hope – and faith!

Faith is indeed tantamount to convincing and conviction. Richard Wagner, a German classical composer and poet found the following lyric: “Blessed are those people, who know how to live their life in humility and faith!”

Well, let’s even continue believing in our government. Faithful hope is loyal, reliable, exact and honorable.

Faith looks beyond the transient life with hope for all eternity. The hope we read in scripture is not a wishy-washy optimism. First and second Chapter of Thessalonians, for example, give encouragement to all Christians, who have been undergoing persecution for their faith. And, Corinthians 13:2 says: “If I have faith it can move mountains!”

Faith is one of those words that is commonly used but not always understood. Some of that confusion comes from the many different ways the word faith is used in everyday conversation; a quick look at Dictionary.com shows seven different uses! One common way that people use the word faith is to refer to belief in something despite lacking any evidence for it. But is that what the Bible means by faith? The answer is a resounding no! So what does faith mean?

The closest that the Bible comes to offering an exact definition is Hebrews 11:1 – “Now faith is the assurance of things hoped for, the conviction of things not seen.” From this particular passage we see that the central feature of faith is confidence or trust. In the Bible, the object of faith is God and his promises. A clear example of this is Abram’s encounter with God in Genesis 15. In response to God’s promise of countless descendants, Abram “believed the LORD, and he counted it to him as righteousness.” (Gen 15:6). Commenting on this, the Apostle Paul writes, “No unbelief made him waver concerning the promise of God, but he grew strong in his faith as he gave glory to God, fully convinced that God was able to do what he had promised.” (Rom 4:20-21). Thus faith means putting your trust in God and having confidence that he will fulfill his promises.

Faith is more than intellectual agreement. To use an old illustration, imagine you are at Niagara Falls watching a tightrope walker push a wheelbarrow across the rope high above the falls. After watching him go back and forth several times, he asks for a volunteer to sit in the wheelbarrow as he pushes it across the falls. At an intellectual level you may believe that he could successfully push you across the rope over the falls, but you are not exercising biblical faith until you get in the wheelbarrow and entrust yourself to the tightrope walker.

Genuine biblical faith expresses itself in everyday life. James writes that “faith by itself, apart from works, is dead” (James 2:17). Faith works through love to produce tangible evidence of its existence in a person’s life (Gal 5:6). Put another way, the obedience that pleases God comes from faith (Rom 1:5; 16:26) rather than a mere sense of duty or obligation. There is all the difference in the world between the husband who buys his wife flowers out of delight and one who buys them simply out of duty.

Faith is so important because it is the means by which we have a relationship with God: “For by grace you have been saved through faith” (Eph 2:8). Faith is how we receive the benefits of what Jesus has done for us. He lived a life of perfect obedience to God, died to pay the penalty for our sinful rebellion against God, and rose from the dead to defeat sin, death, and the devil. By putting our faith in him, we receive forgiveness for our sins and the gift of eternal life.

So what does faith mean? Simply put, faith means relying completely on who Jesus is and what he has done to be made right with God. Are you considering a faith-filled call to Christian ministry? The programs at Grace Theological Seminary will ensure you grow in your faith on your way to equipping others to do the same.

To walk by faith, it’s not enough to believe that God’s word and promises are true, we must act on our belief and stand on the Truth. When what we believe overflows into how we live then our faith is made complete—and is counted to us as