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Cebu Pacific 90% off

Cebu Pacific treats travelers to local and regional destinations with a 90% off on lite fares. The promo starts today to March 9, 2012 or until seats last. Travel period is from August 1, 2012 - March 31, 2013. Quoted fares are one way, non-refundable and exclusive of government fees, taxes and fuel surcharges. Is this cheaper than Piso fares? I doubt it but it's worth checking out as well since it's a huge price slash off
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