THE aviation industry in the Philippines is alive and kicking, as most local carriers have now restored most, if not all, of their prepandemic routes and are on their way to beefing up their aircraft fleet in anticipation of a global recovery in international travel.
With the takeover of the NNIC, however, a slew of fee increases recently approved by Malacañang, will be implemented to allow the new airport manager to recoup its P122-billion investment in the 25-year project. “The sharp rise in Manila’s airport costs is the other recent challenge,” said Lao.“While airport rates have not changed in the last 20 years, the increases were immediate and will have to be both partially borne by the airline and its customers.
Aside from an increase in passenger terminal fees, which will be implemented next year, new landing and take-off fees imposed on carriers went into effect on October 1, starting from a minimum rate of $794 (maximum 50,000 kilograms take-off weight of aircraft) for international traffic.
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