14 February 2019
Japan Airlines Opens Haneda
5 February 2019
Japana Airlines has commenced new midnight flight between Tokyo Haneda (HND) and Manila (MNL) on 1 February. The route will be flown with Boeing 737-800s daily. Japan Airlines also operates a twice-daily B787-800 connection from Narita to Manila.
Busiest Airport in 2018
| BUSIEST AIRPORTS IN THE PHILIPPINES | |||
| NUMBER | AIRPORT | CODE | TRAFFIC |
| 1 | NINOY AQUINO INTERNATIONAL APT | MNL | 45,082,544 |
| 2 | MACTAN CEBU INTERNATIONAL APT | CEB | 11,377,877 |
| 3 | FRANCISCO BANGOY INTERNATIONAL APT | DVO | 4,435,557 |
| 4 | CLARK INTERNATIONAL | CRK | 2,664,378 |
| 5 | ILOILO INTERNATIONAL APT | ILO | 2,295,983 |
| 6 | PUERTO PRINCESA INTERNATIONAL APT | PPS | 2,146,350 |
| 7 | LAGUINDINGAN APT | CGY | 2,079,684 |
| 8 | BACOLOD APT | BCD | 1,770,266 |
| 9 | TACLOBAN APT | TAC | 1,443,318 |
| 10 | KALIBO INTERNATIONAL APT | KLO | 1,421,504 |
| 11 | ZAMBOANGA APT | ZAM | 1,214,078 |
| 12 | TAGBILARAN APT | TAG | 1,018,699 |
| 13 | GENERAL SANTOS APT | GES | 920,670 |
| 14 | CATICLAN APT | MPH | 902,594 |
| 15 | BUTUAN APT | BXU | 757,842 |
| 16 | DUMAGUETE APT | DGT | 714,721 |
| 17 | BUSUANGA APT | USU | 676,823 |
| 18 | LEGASPI APT | LGP | 569,565 |
| 19 | TUGUEGARAO APT | TUG | 384,819 |
| 20 | OZAMIZ APT | OZC | 333,891 |
| 21 | SIARGAO APT | IAO | 332,309 |
| 22 | ROXAS APT | RXS | 307,786 |
| 23 | COTABATO APT | CBO | 298,845 |
| 24 | DIPOLOG APT | DPL | 282,242 |
| 25 | CAUAYAN APT | CYZ | 222,591 |
| Source: Civil Aviation Authority of the Philippines | |||
| Philippine Airspace © Copyright 2019 | |||
Notes on Traffic Gainers and Losers
Biggest Gainer: Siargao Airport
Biggest Loser: Kalibo Airport
Biggest Gainer: Siargao Airport
Biggest Loser: Kalibo Airport
ANA Closes Deal With PAL
As Clear As The Rising Sun
28 January 2019
ANA Holdings Inc. and PAL Holdings Inc. will seal an investment deal next week in Tokyo.
The equity investment will initially comprise 9.5 percent stake in Trustmark Holdings of the Lucio Tan Group which owns 97.71% of PAL Holdings and controls 84.67% of Philippine Airlines (PAL) valued at $95 million with options to take up to 40% share of the company and possible management contract in the future tailored in a similar fashion but tweaked investment agreement the company previously agreed with San Miguel Corporation.
PAL Holdings also control Air Philippines Corporation (APC) through Zuma Holdings and Management Corporation which holds 99.97% of PAL Express.
In April 2012, San Miguel Equity Investments Inc. (SMEII), a wholly owned subsidiary of San Miguel Corporation (SMC), acquired 49% equity interest in Trustmark. Trustmark then owns 97.71% of the Company, which in turn beneficially owns 84.67% of Philippine Airlines Inc.
Thereafter, San Miguel Corporation entered talks with ANA in November 2013 for possible investment stake with the airline but the talks did not pushed through after a falling out with the Lucio Tan Group in 2014.
PAL however entered code share agreements with ANA in November 2014, and Lucio Tan group continued negotiations with the Japanese carrier leading to PAL Holding's equity restructuring in 2018 to pave the way for the foreign investment this year. Additional paid-in capital of ₱25.340 billion from its 2017 financial statement was added to its equity to wipe out capital deficit of ₱29.074 billion in the same year.
PAL said the removal of its deficit was part of the company’s intentions to welcome a new strategic investor that will buy “less than 40% of the company.”
According to source, Trustmark will initially sell 10% of its share to ANA Holdings followed by more due diligence of the airline for the acquisition of additional shares up to 40% with management contract.
The Lucio Tan Group through Trustmark Holdings directly owns 84.6% of Philippine Airlines, while 5.4% belongs to the Government of the Philippines and 10% to private investors.
Collectively, the Lucio Tan Group owns 98.91% of PAL, through a direct ownership in 98.56% of PAL’s shares and an indirect ownership in 0.35% of PAL’s shares through an 82.33% direct ownership in PR.
Nikkei Asian Review earlier broke the news based on news leaks scooped by Philippine Daily Inquirer, and reported ANA Holdings Inc. is considering investment in PAL Holdings.
"There is continuing discussion. Contract has not been signed yet. So there is nothing to disclose." PAL President and Chief Operating Officer Jaime Bautista said Monday.
Corporate insider however disclosed on condition of anonymity that some of its officers are already booked to fly Tokyo next week without elaborating further.
ANA reported last week it is in talks with PAL’s parent company PAL Holdings about making an investment in the Philippine’s flag-carrier, but stated that no concrete decision has been made yet.
Meanwhile, Lucio Tan did not confirm or deny the talks when interviewed by reporters on the sidelines of the Bangko Sentral ng Pilipinas’ annual reception for the banking community last week. PAL Holdings also denied in a disclosure to the Philippine Stock Exchange (PSE) that it has signed agreement with ANA.
PAL Holdings has market capitalization of US$3.11 billion with US$223 million subscribed shares. PAL assets are valued at US$3.2 billion (₱180 billion) while liabilities were reported at US$ 3 billion (₱166 billion) as of December 31, 2017 based on PSE disclosures.
28 January 2019
ANA Holdings Inc. and PAL Holdings Inc. will seal an investment deal next week in Tokyo.
The equity investment will initially comprise 9.5 percent stake in Trustmark Holdings of the Lucio Tan Group which owns 97.71% of PAL Holdings and controls 84.67% of Philippine Airlines (PAL) valued at $95 million with options to take up to 40% share of the company and possible management contract in the future tailored in a similar fashion but tweaked investment agreement the company previously agreed with San Miguel Corporation.
PAL Holdings also control Air Philippines Corporation (APC) through Zuma Holdings and Management Corporation which holds 99.97% of PAL Express.
In April 2012, San Miguel Equity Investments Inc. (SMEII), a wholly owned subsidiary of San Miguel Corporation (SMC), acquired 49% equity interest in Trustmark. Trustmark then owns 97.71% of the Company, which in turn beneficially owns 84.67% of Philippine Airlines Inc.
Thereafter, San Miguel Corporation entered talks with ANA in November 2013 for possible investment stake with the airline but the talks did not pushed through after a falling out with the Lucio Tan Group in 2014.
PAL however entered code share agreements with ANA in November 2014, and Lucio Tan group continued negotiations with the Japanese carrier leading to PAL Holding's equity restructuring in 2018 to pave the way for the foreign investment this year. Additional paid-in capital of ₱25.340 billion from its 2017 financial statement was added to its equity to wipe out capital deficit of ₱29.074 billion in the same year.
PAL said the removal of its deficit was part of the company’s intentions to welcome a new strategic investor that will buy “less than 40% of the company.”
According to source, Trustmark will initially sell 10% of its share to ANA Holdings followed by more due diligence of the airline for the acquisition of additional shares up to 40% with management contract.
The Lucio Tan Group through Trustmark Holdings directly owns 84.6% of Philippine Airlines, while 5.4% belongs to the Government of the Philippines and 10% to private investors.
Collectively, the Lucio Tan Group owns 98.91% of PAL, through a direct ownership in 98.56% of PAL’s shares and an indirect ownership in 0.35% of PAL’s shares through an 82.33% direct ownership in PR.
Nikkei Asian Review earlier broke the news based on news leaks scooped by Philippine Daily Inquirer, and reported ANA Holdings Inc. is considering investment in PAL Holdings.
"There is continuing discussion. Contract has not been signed yet. So there is nothing to disclose." PAL President and Chief Operating Officer Jaime Bautista said Monday.
Corporate insider however disclosed on condition of anonymity that some of its officers are already booked to fly Tokyo next week without elaborating further.
ANA reported last week it is in talks with PAL’s parent company PAL Holdings about making an investment in the Philippine’s flag-carrier, but stated that no concrete decision has been made yet.
Meanwhile, Lucio Tan did not confirm or deny the talks when interviewed by reporters on the sidelines of the Bangko Sentral ng Pilipinas’ annual reception for the banking community last week. PAL Holdings also denied in a disclosure to the Philippine Stock Exchange (PSE) that it has signed agreement with ANA.
PAL Holdings has market capitalization of US$3.11 billion with US$223 million subscribed shares. PAL assets are valued at US$3.2 billion (₱180 billion) while liabilities were reported at US$ 3 billion (₱166 billion) as of December 31, 2017 based on PSE disclosures.
CEB Upggrades Fleet
27 January 2019
Low Cost Carrier Cebu Pacific (CEB) is upgrading its fleet to A321Neo beginning this year as it takes first delivery of thirty two 236 seater A321Neo aircraft last January 20 from Ireland-based lessor Avalon.
Cebu Pacific would be receiving an average of nine A321Neo aircraft starting this year until 2022.
The new A321Neo fleet will replace all flight services at Ninoy Aquino International Airport (NAIA), and Mactan International Airport to major domestic and International points served by existing A320s as the airline adds capacity to the slot-restricted airport.
CEB earlier added seven A321ceos to its fleet in 2018 replacing the expiring leases of seven A320s to add capacity at NAIA.
The airline also operates a fleet of 35 A320-200s and eight A330-300s for intra-asia and Australia service. Its subsidiary CEBgo operates a fleet of ATRs consisting of eight (8) ATR 72-500, and 12 ATR 72-600 aircraft.
The ATR aircraft are used for cross inter-island destinations mostly operating at airport where jet operations are not possible.
CEB boasts as having one of the youngest fleets in the world, with an average aircraft age of five (5) years.
Low Cost Carrier Cebu Pacific (CEB) is upgrading its fleet to A321Neo beginning this year as it takes first delivery of thirty two 236 seater A321Neo aircraft last January 20 from Ireland-based lessor Avalon.
Cebu Pacific would be receiving an average of nine A321Neo aircraft starting this year until 2022.
The new A321Neo fleet will replace all flight services at Ninoy Aquino International Airport (NAIA), and Mactan International Airport to major domestic and International points served by existing A320s as the airline adds capacity to the slot-restricted airport.
CEB earlier added seven A321ceos to its fleet in 2018 replacing the expiring leases of seven A320s to add capacity at NAIA.
The airline also operates a fleet of 35 A320-200s and eight A330-300s for intra-asia and Australia service. Its subsidiary CEBgo operates a fleet of ATRs consisting of eight (8) ATR 72-500, and 12 ATR 72-600 aircraft.
The ATR aircraft are used for cross inter-island destinations mostly operating at airport where jet operations are not possible.
CEB boasts as having one of the youngest fleets in the world, with an average aircraft age of five (5) years.
PAL To Open Sangley
25 January 2019
Flag carrier Philippine Airlines (PAL) plans to move its turbo-propeller flights from Clark to Sangley airport once the latter begins operations in October.
Jaime Bautista, PAL president and chief operating officer, said the airline had already sent application with the Department of Transportation (DoTr) to operate at the airport once it start civil operations on the fourth quarter of this year.
According to DOTr, Sangley airport will not be able to support Airbus A320 operations at this time due to airport limitations on standard separation for taxiway traffic, but will instead cater to turboprop jet and small size passenger jet with the largest aircraft permitted to land being the E-190 aircraft capable of carrying 100 passengers or less.
The airline said new and additional turboprop flights will be added once Sangley begins commercial operations.
Bautista said majority operations of its Bombardier Q400s operating out of Clark to the provinces would be moved to Sangley airport as it opens its door to civl aviation.
“Sangley doesn't have a terminal yet. When its completed we will relocate turboprop operations there as this will allow many passengers to reach Manila rather than go to Clark,” Bautista said.
Sangley is also nearer to NAIA as it is 45 minutes away making transfer to international connections much easier.
PAL has moved its entire turboprop fleet out of Ninoy Aquino International Airport to consolidate operations in Clark since 2017.
Transportation Undersecretary for Aviation Manuel Antonio Tamayo said Friday that the initial target of making the airport operational by fourth quarter of 2019 is on schedule.
DoTr approved contracts for runway extension from the original 1,200 meters to 2,300 meters in 2017 and construction works began in 2018.
Tamayo said construction works on the PTB (passenger terminal building) and the ramp are on going, while two large hangars are also being build for air charter operators.
PAL operates a fleet of 13 Bombardier DHC-8 planes out of its hub in Clark, Cebu and Davao.
Flag carrier Philippine Airlines (PAL) plans to move its turbo-propeller flights from Clark to Sangley airport once the latter begins operations in October.
Jaime Bautista, PAL president and chief operating officer, said the airline had already sent application with the Department of Transportation (DoTr) to operate at the airport once it start civil operations on the fourth quarter of this year.
According to DOTr, Sangley airport will not be able to support Airbus A320 operations at this time due to airport limitations on standard separation for taxiway traffic, but will instead cater to turboprop jet and small size passenger jet with the largest aircraft permitted to land being the E-190 aircraft capable of carrying 100 passengers or less.
The airline said new and additional turboprop flights will be added once Sangley begins commercial operations.
Bautista said majority operations of its Bombardier Q400s operating out of Clark to the provinces would be moved to Sangley airport as it opens its door to civl aviation.
“Sangley doesn't have a terminal yet. When its completed we will relocate turboprop operations there as this will allow many passengers to reach Manila rather than go to Clark,” Bautista said.
Sangley is also nearer to NAIA as it is 45 minutes away making transfer to international connections much easier.
PAL has moved its entire turboprop fleet out of Ninoy Aquino International Airport to consolidate operations in Clark since 2017.
Transportation Undersecretary for Aviation Manuel Antonio Tamayo said Friday that the initial target of making the airport operational by fourth quarter of 2019 is on schedule.
DoTr approved contracts for runway extension from the original 1,200 meters to 2,300 meters in 2017 and construction works began in 2018.
Tamayo said construction works on the PTB (passenger terminal building) and the ramp are on going, while two large hangars are also being build for air charter operators.
PAL operates a fleet of 13 Bombardier DHC-8 planes out of its hub in Clark, Cebu and Davao.
Air Asia Expands Kalibo Hub Again
Opens Hangzhou, Chengdu, Kunming and Macau
11 January 2019
Low cost carrier AirAsia Philippines (AAP)is expanding its international hub in Kalibo as it introduces direct flights to Macau, Kunming and Chengdu in China from Kalibo International Airport beginning January 18.
The airline will operate Kalibo – Hangzhou starting Jan. 18 followed by Chengdu on the 24th, Kunming on the 25th and Macau on March 2. All the route will be flown by Airbus A320 aircraft.
Kalibo International Airport is one of the hub of Air Asia outside Manila says AirAsia CEo Dexter Comendador.
“We are the pioneers in Kalibo beginning with the Korean tourists, and now we open additional routes from China to "Boracay island," Comendador said.
“China is an important market for leisure and tourism and we are excited to bring them back to Boracay” Comendador adds.
Air Asia flies from Kalibo to Manila, Busan and Seoul, south Korea.
11 January 2019
Low cost carrier AirAsia Philippines (AAP)is expanding its international hub in Kalibo as it introduces direct flights to Macau, Kunming and Chengdu in China from Kalibo International Airport beginning January 18.
The airline will operate Kalibo – Hangzhou starting Jan. 18 followed by Chengdu on the 24th, Kunming on the 25th and Macau on March 2. All the route will be flown by Airbus A320 aircraft.
Kalibo International Airport is one of the hub of Air Asia outside Manila says AirAsia CEo Dexter Comendador.
“We are the pioneers in Kalibo beginning with the Korean tourists, and now we open additional routes from China to "Boracay island," Comendador said.
“China is an important market for leisure and tourism and we are excited to bring them back to Boracay” Comendador adds.
Air Asia flies from Kalibo to Manila, Busan and Seoul, south Korea.
CEB Secures Hajj Flights
5 January 2019
Philippine Low Cost Carrier Cebu Pacific (CEB) has been granted authority to fly Filipino pilgrims to Mecca following Philippine consultation with Saudi Arabia on the annual hajj pilgrimage transport.
By tradition Saudi Arabia allows only two airline, Saudia and Philippine Airlines to fly Filipinos to Mecca to perform annual hajj pilgrimage but the policy was changed this year allowing for a third airline to perform similar tasks.
The agreement was reached on January 3 between National Commission on Filipino Muslims (NCMF) Secretary Saidamen Pangarungan and Saudi Deputy Minister for Hajj and Umrah Dr Sharief Housnie in Saudi Arabia on Thursday.
Airfare rates of the third company is significantly lower compared to both Saudia and PAL,” according to NCMF official.
The reason for the allowance was the current difficulty of some Filipino Muslim pilgrims, particularly those affected by the Marawi seige, to afford airline tickets offered by the two existing airlines.
Dr Dimapuno Datu Ramos Jr, National Commission on Filipino Muslims (NCMF) director for external relations said that the allowance is valid for 2019 only but may be extended by the Saudi government.
In addition to the entitlement the Saudi government also pledged to accommodate Filipino pilgrims in 5-star hotels accommodation to ease the suffering of the victims of the war in Marawi as they fulfill one of Islam's 5 pillars of faith.
“We can look forward to a better hajj experience for this year,” says Datu Ramos who also attended the meeting in Riyadh.
The 2019 Hajj pilgrimage is scheduled to begin on August 9 this year.
Subscribe to:
Posts (Atom)