The Philippine Chamber of Customs Brokers has called on President Ferdinand Marcos Jr. to address limited cargo access at Ninoy Aquino International Airport (NAIA) by opening a gate with ramp access that would allow multiple warehouses to directly transport cargo to and from aircraft.
The $11-billion Sangley International Airport project in Manila Bay received a significant boost after the Philippine Competition Commission (PCC) cleared it of potential monopoly concerns.
The Aboitiz Group’s infrastructure arm, Aboitiz InfraCapital, which operates the Mactan Cebu International Airport, has been awarded the contract to upgrade, operate, and maintain Laguindingan Airport in Misamis Oriental.
Despite the global air cargo market experiencing a robust 11.9% growth in February 2024, the Asia-Pacific region witnessed a sharp slowdown in momentum, with cargo demand growth decelerating to 11.9% from January's 24.3%.