Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to reduce Passenger Service Charges (PSC) and airport navigation fees in airports operated by the agency.
Cebu Pacific, the budget carrier unit of the Gokongwei Group, is bracing for potential turbulence from rising global fuel prices, even as the Philippines’ largest budget airline continues to post steady passenger growth early this year.
The Subic Bay Freeport Zone is plotting a major leap into the regional cruise tourism market with plans to build a dedicated cruise ship terminal worth about P10 billion, an investment that also coincides with renewed shipbuilding activity and expanding container operations in the port hub.
Airlines serving the Middle East are loosening ticket rules and waiving costly penalties as geopolitical tensions continue to disrupt flight schedules across the region.
The Philippines is making a calculated play to climb higher in the global aerospace value chain—this time by courting investments in in-flight entertainment (IFE) systems.