Asia-Pacific will become the main engine of global aviation services growth over the next two decades, according to Airbus’ latest Global Services Forecast.
Lufthansa Technik is planning a USD400-million expansion of its maintenance, repair, and overhaul facility at Clark, a move expected to further strengthen the Philippines’ position as an emerging aviation services hub in Asia, according to the Bases Conversion and Development Authority.
Federal Express is investing USD240 million to expand its hub at the Clark Aviation Complex, while the Bases Conversion and Development Authority is allocating P7 billion for supporting airside infrastructure, underscoring Clark’s growing role as a key logistics gateway in Southeast Asia.
The Department of Transportation (DOTr) is moving to extend regional and provincial airport runways to help lower domestic airfares, especially to popular tourist destinations such as Siargao.