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.
Taipan Lucio Tan’s MacroAsia Corp. has appointed veteran retail executive Christina C. Tan, the president of Suy Sing Commercial Corp., as an independent director.
Taipan Lucio Tan's MacroAsia Corp. said its water unit has secured a P1.4-billion loan from Security Bank to fund the construction of seawater desalination plants in Lapu-Lapu City, Cebu.
Taipan Lucio Tan-led MacroAsia Corp. ended 2024 with a strong financial performance, growing its net income by 28 percent to P1.37 billion as demand rebounded across aviation and support services.
Tycoon Lucio Tan’s MacroAsia Corp. said its dormant mining business in Palawan province is edging closer to resuming operations, providing a potential new revenue source for the airline maintenance-focused company.