Tycoon Ramon S. Ang said Lufthansa Technik Philippines’ future at Ninoy Aquino International Airport hinges on government approval, as lease talks continue beyond the end-August expiry.
The joint venture, launched in 2000 to support Philippine Airlines’ fleet renewal, has grown into a flagship maintenance, repair, and overhaul facility serving some of the world’s top airlines. Its presence has secured Manila’s role on the global aviation map while generating billions of pesos in foreign revenue and infrastructure investments.