Filipino airline suspends flights in the Gulf region

Filipino airline Cebu Pacific (CEB) shared on their website that they will be suspending operations in the Gulf region.
CEB is suspending operations to and from Kuwait, Riyadh (Saudi Arabia) and Doha (Qatar) as these routes are no longer viable and sustainable, the notification read. Cebu Pacific will continue to operate its daily service between Manila and Dubai (United Arab Emirates).
Cebu Pacific (CEB) will suspend operations on the following destinations:

The airline is co-ordinating with the passengers on the affected routes. "We are contacting passengers who are affected by the suspension of CEB service to and from Kuwait, Riyadh and Doha. Passengers with bookings beyond the last flight dates on these affected routes are strongly advised to contact their travel agents or the CEB hotline at +632 7020 881 to discuss options," their website says.
Passengers may also message the official Cebu Pacific Facebook (https://www.facebook.com/cebupacificair) or Twitter (@CebuPacificAir) accounts. The options include:
Transfer to another airline with the same route (subject to availability)
1. Rebook to an earlier Cebu Pacific flight (subject to availability)
2. Refund in full
3. Get a travel fund in full