Company Description
Cebu Air Employees Multi-Purpose Cooperative (CAEMC) is a cooperative owned by regular employees of the Cebu Pacific Air. It was founded by 22 regular employees with an initial capitalization of Php44,000.00. CAEMC received its Certificate of Registration from the Cooperative Development Authority of the Philippines last March 31, 2000 as an institutional based cooperative. Operations were professionalized and its programs and services were implemented to cater the needs of the members. To date, CAEMC members were figured at 2,559 while its net worth was recorded at Php300M.