Philippine consortium offers $6.7b upgrade to main airport
A consortium of seven of the Philippines’ largest conglomerates has proposed a PP350b (US$6.7b) plan to modernise and more than triple the capacity of the country’s over-stretched international airport. The group has tapped Singapore’s Changi Airports International to provide technical support for the project. The project, which involves the building of an additional runway and passenger terminals, would turn the Ninoy Aquino International into a “fully-integrated premier gateway.” Airlines and passengers suffer chronic delays because of congestion at the airport, which served more than 40m passengers last year, compared with its designed capacity of 30m. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2018-02-14/general/philippine-consortium-offers-6-7b-upgrade-to-main-airport
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Philippine consortium offers $6.7b upgrade to main airport
A consortium of seven of the Philippines’ largest conglomerates has proposed a PP350b (US$6.7b) plan to modernise and more than triple the capacity of the country’s over-stretched international airport. The group has tapped Singapore’s Changi Airports International to provide technical support for the project. The project, which involves the building of an additional runway and passenger terminals, would turn the Ninoy Aquino International into a “fully-integrated premier gateway.” Airlines and passengers suffer chronic delays because of congestion at the airport, which served more than 40m passengers last year, compared with its designed capacity of 30m. <br/>
