Passengers, Airlines to Lose PhP15B Annually Due to Flight Delays in PH

By Madelaine Miraflor, Manila Bulletin

San Miguel Holdings Corp. said the combined passenger productivity losses and annual losses for airlines could rise to as much as PhP15 billion a year from 2020 if the government will fail to approve new airport projects.

San Miguel is proposing to build the Bulacan International Airport, which the Department of Transportation (DOTr) is now targeting to award by the end of the year amid pressures from lawmakers and other stakeholders.

Transportation Secretary Arthur Tugade was recently put on the spot during the Senate hearing on the Xiamen Air incident and was asked about the construction of new airports that can be the alternative for the highly congested Ninoy Aquino International Airport (NAIA).

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