With just weeks before its 25-year lease expires, Lucio Tan–backed Lufthansa Technik Philippines is racing to secure better terms at NAIA, a high-stakes negotiation that could reshape MacroAsia’s earnings outlook.
Lufthansa Technik Philippines (LTP), one of the largest tenants in Manila’s Ninoy Aquino International Airport (NAIA), is negotiating for more favorable lease terms to ensure “operational viability and competitiveness” ahead of the expiration of its 25-year contract.