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CIAC welcomes Aquino as new CEO

CIAC welcomes Aquino as new CEO

May. 29 | Clark International Airport Corporation (CIAC) welcomes the recent appointment of former Philippine Drug Enforcement Agency (PDEA) director general Aaron Aquino as its new president and chief executive officer. CIAC outgoing officer-in-charge Joshua Bingcang,...

International flights for Clark, Cebu, Davao airports eyed with easing of quarantine measures

International flights for Clark, Cebu, Davao airports eyed with easing of quarantine measures

May. 29 | Screengrab of Transport Secretary Arthur Tugade during an online public address on May 28 The Department of Transportation (DOTr) will expand the operation of international flights to Clark, Cebu, and Davao once the country transitions to the less restricted...

Trade, transport departments press approval of economic stimulus act

Trade, transport departments press approval of economic stimulus act

May. 27 | House of Representatives Building in Quezon City The trade and transportation departments are pushing for the urgent passage of the proposed Philippine Economic Stimulus Act of 2020 (PESA), which aims to provide immediate financial assistance to workers...

Cebu airport cargo throughput dips 1.4% in Q1

Cebu airport cargo throughput dips 1.4% in Q1

May. 27 | MCIA Terminal 2 | Photo courtesy of Megawide The double-digit decline in domestic cargo volume dragged overall cargo throughput at Mactan-Cebu International Airport (MCIA) by 1.4% in the first quarter of 2020 from the same quarter last year. Of the total...

Ex-PDEA chief appointed Clark airport CEO

Ex-PDEA chief appointed Clark airport CEO

May. 27 | Aaron Aquino | Photo courtesy of PDEA President Rodrigo Duterte has appointed former Philippine Drug Enforcement Agency (PDEA) director general Aaron Aquino as member of the Clark International Airport Corporation’s (CIAC) Board of Directors. Aquino...

PH air carriers appeal anew for hand up, not doleout

PH air carriers appeal anew for hand up, not doleout

May. 27 | Image by Simeworks from Pixabay The Air Carriers Association of the Philippines (ACAP) reiterated its appeal for government support to member airlines as they prepare to resume commercial flights under “new normal” conditions once travel and quarantine...

Cebu Pacific resumes all-cargo flights in more areas

Cebu Pacific resumes all-cargo flights in more areas

May. 25 | Cebu Pacific has re-opened all cargo flights in Iloilo, Tacloban, Pagadian, Cotabato, and Butuan as part of its support to transport essential goods and equipment during the coronavirus disease (COVID-19) pandemic. In an advisory, Cebu Pacific said it...

WTO goods barometer flashes red as COVID-19 disrupts world trade

WTO goods barometer flashes red as COVID-19 disrupts world trade

May. 24 | The volume of world merchandise trade is likely to fall precipitously in the first half of 2020 as the COVID-19 pandemic disrupts the global economy, according to the WTO Goods Trade Barometer released on May 20. The index currently stands at 87.6, far...

PAL seen losing revenues of $1B over quarantine period

PAL seen losing revenues of $1B over quarantine period

May. 23 | Photo courtesy of Philippine Airlines Philippine Airlines (PAL) expects a US$1-billion revenue loss from February 2020 until the end of the quarantine period. “We can’t wait to fly again so we’re eagerly awaiting the end of the lockdown,” PAL...

PAL, sister firms losses widen to P10.2 billion in 2019

PAL, sister firms losses widen to P10.2 billion in 2019

May. 20 | Photo courtesy of PAL Philippine Airlines (PAL) and its sister companies reported a 259% higher consolidated comprehensive loss of P10.20 billion in 2019 from the P2.84-billion loss in 2018. Consolidated revenues amounted to P154.54 billion last year,...