Connect with us

Business and Economy

MIAA posts P14.11-B gross revenue in 2018

Published

on

MIAA attributes this growth to the increase in flights and passenger volume in 2018, particularly for the international flights. (File Photo: Ninoy Aquino International Airport MIAA/Facebook)

MANILA — The Manila International Airport Authority (MIAA) on Sunday said its gross revenues reached PHP14.11 billion in 2018, up 9 percent from 2017.

Of the total gross revenue, MIAA said PHP1.7 billion went to the national government.

MIAA attributes this growth to the increase in flights and passenger volume in 2018, particularly for the international flights.

Data sent to the Philippine News Agency (PNA) showed in 2018, the Ninoy Aquino International Airport (NAIA) had a total of 22,973,510 arriving and departing international passengers.

Domestic passengers, on the other hand, were 22,142,186.

Total international flights were 113,817, while domestic operations were 145,881.

In an interview with MIAA General Ed Monreal last December, he said the airport’s two new rapid exit taxiways that were opened last year have greatly helped in the operations.

“(Rapid exit taxiways) help the aircraft to exit faster and transit to the four terminals of NAIA,” he said.

Monreal also noted that these taxiways save time or aircraft movements per hour, as the aircraft would not need to wait or traverse the whole length of the runway, and just take the taxiway to exit.

NAIA now has four rapid exit taxiways — two could accommodate a small aircraft, and two could accommodate larger wide-bodied aircraft.

Wide-body aircraft could accommodate more passengers, and MIAA considers this as a contributor to the huge volume of international passengers in 2018.

MIAA also cited the rise in the arrival of Chinese tourists since the government introduced the “visa upon arrival” option in NAIA as another contributing factor in the increase of international passengers. 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle16 hours ago

The Painful Reality of Losing Someone

Recently, I experienced the painful reality of losing someone through others. One friend lost her fiancé to death, while another...

Headline1 week ago

The Sobering Reality of Growing Old

Growing old brings a sobering reality: time is finite.  You watch your body slow down, see your parents age, and...

Lifestyle4 weeks ago

Dr. David Suzuki’s Legacy: A Celebration at 90

Celebrating Dr. David Suzuki’s 90th birthday on Friday, May 22  was a true privilege and a great pleasure! My husband,...

Lifestyle1 month ago

What I Know Now About Motherhood

Did you know that a mother’s cells can live in her child’s body for their entire lives? This fascinating phenomenon...

Headline2 months ago

Age with Audacity

At 25, I imagined life at 50 would mean I’d be past my prime and grumpy.  Little did I know,...

Lifestyle2 months ago

Spring Clean Your Body, Mind and Home

Spring has sprung! This season is perfect for spring cleaning, but why stop at our homes?  We can also rejuvenate...

Lifestyle3 months ago

Hear Us Roar

There is absolutely nothing wrong with a woman who wants her happily ever after. I certainly did. After 21 years...

Lifestyle4 months ago

The Real Rich

Margaret Atwood aptly captured this dynamic with the phrase, “Old money whispers, new money shouts.”  Let me elaborate on this...

Headline4 months ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline4 months ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...