by Myla Iglesias | Oct 4, 2024 | Business, Enterprise, Headline
The Philippine Ports Authority (PPA) is coordinating with the Bureau of Customs (BOC) on how they can streamline their processes so that importers will be discouraged from using the ports as storage or warehouse. “We are coordinating with BOC…for importers not to...
by Myla Iglesias | Oct 4, 2024 | Business, Enterprise
The government in partnership with Airbus yesterday announced the launch of a feasibility study to develop a sustainable aviation fuel (SAF) roadmap to advance the local production of renewable jet fuel. The Department of Transportation, Department of Energy (DOE),...
by Myla Iglesias | Oct 4, 2024 | Business, Corporate Business
ABOITIZ InfraCapital Inc. (AIC), the infrastructure arm of the Aboitiz Group, is set to sign the P12.75-billion concession agreement for the operation and maintenance of Laguindingan Airport in Misamis Oriental by the end of October. Last September 30, AIC, the...
by Myla Iglesias | Oct 4, 2024 | Business, Corporate Business
CEBU Pacific has signed the purchase agreement with Airbus for up to 152 aircraft and is set to take delivery of the first Airbus 321 neo in 2029. The agreement with Airbus covers firm orders for up to 102 A321neo plus 50 A320neo Family purchase rights for $24 billion...
by Myla Iglesias | Oct 3, 2024 | Business, Enterprise
The Department of Transportation (DOTr) yesterday assured higher charges at the Ninoy Aquino International Airport (NAIA) will not result in substantial increases in air fares as carriers could absorb some of the adjustments, according to DOTr Secretary Jaime...