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PAL Holdings chair Lucio Tan Sr. appointed group president

PAL Holdings chair Lucio Tan Sr. appointed group president

Feb. 20 | Dr. Lucio C. Tan, Sr. Dr. Lucio C. Tan, Sr. has been appointed president of PAL Holdings, Inc. (PHI), the parent firm of flag carrier Philippine Airlines (PAL). Tan Sr. fills the position vacated by his late son, Lucio K. Tan, Jr., who passed away in...

Sangley Airport inaugurated, now open for cargo operations

Sangley Airport inaugurated, now open for cargo operations

Feb. 18 | President Rodrigo Duterte and officials of several government agencies and the province of Cavite during the inauguration on February 15. President Rodrigo Duterte formally inaugurated on February 15 the redeveloped Sangley Airport in Cavite City for...

Cathay Pacific braces for H1 financial hit as bookings cancelled over COVID-19 outbreak

Cathay Pacific braces for H1 financial hit as bookings cancelled over COVID-19 outbreak

Feb. 18 | Hong Kong flag carrier Cathay Pacific expects its financial performance in the first half of 2020 to be significantly lower than in the same period in 2019 as it suffered a sharp decline in demand in the first month of the year and implements deeper capacity...

For HKIA, still no respite from traffic declines in Jan

For HKIA, still no respite from traffic declines in Jan

Feb. 17 | Passenger traffic and cargo volume at Hong Kong International Airport (HKIA) continued their decline in January 2020, affected by the outbreak of the novel coronavirus (COVID-19) and continuing social unrest. During the month, HKIA handled 5.7 million...

Passenger fuel surcharge rates unchanged in PH

Passenger fuel surcharge rates unchanged in PH

Feb. 17 | Passenger fuel surcharge rates in the Philippines will remain the same from March to April 2020 from the previous two months due to the steady price of jet fuel, according to the Civil Aeronautics Board (CAB). In an advisory dated February 14, CAB executive...

COVID-19 spurs air cargo glut, higher rates

COVID-19 spurs air cargo glut, higher rates

Feb. 15 | Freight rates have soared as cancellations of flights to China and its territories are leading to a “critical shortage of air cargo space” as the coronavirus (COVID-19) outbreak shows no sign of slowing as yet, according to Xeneta. The shipping rate...

Sole bidder awarded P208B Sangley Point airport project

Sole bidder awarded P208B Sangley Point airport project

Feb. 14 | The Cavite provincial government has awarded to the consortium of MacroAsia Corporation and China Communications Construction Company Ltd. the P208.5-billion Sangley Point International Airport (SPIA) project. MacroAsia, in a regulatory disclosure, said...

PH lifts travel ban on Taiwan

PH lifts travel ban on Taiwan

Feb. 14 | Image by skeeze from Pixabay The Philippines has today (Feb 14) lifted travel restrictions on Taiwan after the same was implemented four days ago amid the global outbreak of the coronavirus disease (COVID-2019). In a resolution on Feb 14, the Inter-Agency...

ICAO: airlines could lose up to $5B in gross revenues from COVID-19

ICAO: airlines could lose up to $5B in gross revenues from COVID-19

Feb. 14 | The International Civil Aviation Organization (ICAO) in its preliminary estimates said the COVID-19 travel bans on international air connectivity could equate to a potential reduction of US$4 billion to $5 billion in gross operating revenues in the first...

Taiwan now part of PH temporary travel ban

Taiwan now part of PH temporary travel ban

Feb. 11 | The Civil Aeronautics Board (CAB) has extended to Taiwan the temporary travel ban on travellers from China and its special administrative regions (SAR) in line with President Rodrigo Duterte’s order. The temporary travel prohibition intends to prevent...