following by Europe and Latin America, accounting for 8.2 and 7.0 respectively. On the other hands, worldwide capacity growth or Available seat kilometers (ASK) rose 6.3 percent on average. Again, Asia

the highest growth at 8.6 percent, followed by Europe, and Latin America, accounting for 6.6 and 6.2 percent respectively. In addition, worldwide capacity growth, or available seat kilometers (ASK

. Furthermore, worldwide capacity growth or available seat kilometers (ASK) rose 4.1 percent on the average. Europe ranked as the top with 5. 8 percent, followed by 4. 7 percent growth in Asia Pacific, and 4. 3

economic activity among the European countries. Meanwhile, global capacity, or Available Seat Kilometers (ASK) increased only 3.4 percent. Africa region was the top at 4.7 percent, followed by Asia Pacific

ue shares Absorb & Merge 6 Furthermore, the CCPH shall be the surviving company and the board of directors shall still remain 5 seats after the Transaction. That is, one seat shall be represent the

new directors to hold more than half of the board seat, and will appoint executives to hold key managerial positions, including the Chief Executive Officer (CEO) of the Company. The said Allocation and

more than half of the board seat, and will appoint executives to hold key managerial positions, including the Chief Executive Officer (CEO) of the Company. The said Allocation and Offering of the Newly

seat, and will appoint executives to hold key managerial positions, including the Chief Executive Officer of the Company. The said Allocation and Offering of the Newly Issued Ordinary Shares of the

directors to hold more than half of the board seat, and will appoint executives to hold key managerial positions, including the Chief Executive Officer of the Company. The said Allocation and Offering of the

-up capital)6, will nominate new directors to hold more than half of the board seat, and will appoint executives to hold key managerial positions, including the Chief Executive Officer of the Company