5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Expanded air services to US eyed in upcoming aviation masterplan

by
October 3, 2024
in Stock
0
Expanded air services to US eyed in upcoming aviation masterplan
L FILIPE C SOUSA-UNSPLASH

THE Philippine aviation industry is looking to expand air links to the US in the upcoming aviation masterplan, the Department of Transportation (DoTr) said.

“We need to do consultation meetings with the stakeholders and after that there will be air talks; in fact we are looking at the US. We want to expand our operations, through our airlines, to the US,” Transportation Secretary Jaime J. Bautista told reporters on the sidelines of an aviation forum.

The DoTr through the Civil Aeronautics Board is planning to meet with other governments in a bid to serve new destinations, Mr. Bautista said.

He said the DoTr is now conducting air service consultations with the US, Australia, Thailand, UK, Uzbekistan, Qatar, Ethiopia, India, Oman and the Seychelles.

“Through these air talks, we intend to open new international routes or have more flight frequencies to existing routes,” he said.

Among Philippine carriers, only Philippine Airlines has direct flights to the US.

Philippine Airlines recently launched nonstop flights between Manila and Seattle, which is its sixth destination in the US and its eighth in North America. 

In July, the DoTr announced that the Philippines and South Korea signed a bilateral air services agreement allowing an increase in seat entitlements for flights between the two countries.

Under the new agreement, the Philippines and South Korea will have an additional 10,000 seats per week, bringing the total to 30,000 from 20,000 previously.

Budget carrier Cebu Pacific, operated by Cebu Air, Inc. is seeking an expansion of air service agreements allowing it to increase capacity to Australia, India, and Hong Kong.

Transportation Undersecretary for aviation and airports Roberto C.O. Lim said the Civil Aviation Authority of the Philippines (CAAP) is tasked with drafting the P300-million National Aviation Master Plan.

“We have asked for a budget. For 2025, we have asked for funding to procure this plan. The existing one we have is outdated. We hope to prepare a request for proposals within the year,” Mr. Lim said.

According to CAAP, the new masterplan aims to address upgrades to aviation safety, efficiency and sustainability.

In the plan, CAAP will assess the civil aviation industry, including infrastructure, operations, regulatory framework, national and regional policy, and international standards. — Ashley Erika O. Jose

Previous Post

IT-BPM industry developing Asia, Australia, UK markets

Next Post

House considering overhaul of ERC charter in EPIRA reforms

Next Post
House considering overhaul of ERC charter in EPIRA reforms

House considering overhaul of ERC charter in EPIRA reforms

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Marcos eyes ‘bold reset’ of government

    Marcos eyes ‘bold reset’ of government

    May 22, 2025
    US rating cut could benefit the Philippines, other markets

    US rating cut could benefit the Philippines, other markets

    May 22, 2025
    PHL must boost productivity, diversify growth drivers as trade shifts pose risks

    PHL must boost productivity, diversify growth drivers as trade shifts pose risks

    May 22, 2025
    Philippine companies told to realign resources amid risks

    Philippine companies told to realign resources amid risks

    May 22, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.