province. He also initiated direct flights from Cebu to the different parts of the world. He was elected as Chairman of the League of Governors of the Philippines from 1990 to 1992. It was during his watch as Governor of Cebu that Cebu experienced an economic boom. 1992 vice presidential election After Fidel V. Ramos bolted the Laban ng Demokratikong Pilipino in 1992, he invited Osmeña to his new party Lakas Tao (later Lakas-NUCD) and offered to be his running mate in the May 11 elections. Osmeña accepted Ramos' invitation and accepted his offer citing his vision to follow his grandfather's footsteps. He however lost to Joseph Estrada in a 7-way race for Vice President. Post-governorship Chief economic adviser Osmeña served as Executive Vice President of Lakas-NUCD and Chief Economic Adviser of President Fidel V. Ramos from 1993 to 1997. He also Chaired the Presidential Committee on Flagship Programs and Projects and finished or substantially undertook the following projects: The General Santos Airport, the Mactan Cebu International Airport, the upgrading of the Batangas port, the upgrading of the General Santos Seaport, the Rehabilitation of the Pan-Philippine Highway, the Quirino Highway, the Southern Tagalog Arterial Highway (Sto. Tomas-Lipa Section), C-5 Road (from South Luzon Expressway to Katipunan Avenue), the Metro Manila Skyway (Buendia to Bicutan), the Edsa/Boni underpass, the Kalayaan/EDSA flyover, the Ayala-Pasay Road interchange, the EDSA-Shaw flyover, the Bohol Circumferential Road, the Bataan Combined Cycle Power Plant (600MW), the Palimpinon Geothermal Plant (80MW), the Pagbilao Plant (700MW), the Upper Mahiao & Malitbog Geothermal Plant in Leyte (231MW), the Rehabilitation of PNR South Line, Line 2, Line 3 and the Deregulation of the Telecom Sector. 1998 presidential election In 1997, he bolted from Lakas-NUCD and formed his own party he called PROMDI Party (Probinsya Muna Development Initiative). With Ismael Sueño as his running mate, he ran for the position of President in the 11-way presidential election but lost to Joseph Estrada. Later activities Osmeña returned to private life after the elections handling the party he founded as a party-list party. In the House of Representatives, the party was represented by Joy Augustus Young. Osmeña did not run in the 2004 elections and supported his former political rival Raul Roco for president. His party was disqualified in the party list elections, citing that the party was a national political party. Osmeña ran in 2010 for senator but lost. Personal life Lito, as