Lufthansa Technik

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Tuesday, 1 July 2025
4 Apr 2025
5:23PM

NAIA’s 25-year lease reset puts pressure on Lucio Tan-Lufthansa venture with 3,000 workers

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.
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