{"id":11568,"date":"2014-05-22T23:02:47","date_gmt":"2014-05-22T15:02:47","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=11568"},"modified":"2014-05-22T23:02:47","modified_gmt":"2014-05-22T15:02:47","slug":"jg-summit-willing-to-partner-with-smc-to-address-naia-problems","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/05\/22\/jg-summit-willing-to-partner-with-smc-to-address-naia-problems\/","title":{"rendered":"JG Summit willing to partner with SMC to address NAIA problems"},"content":{"rendered":"
\"Ninoy<\/a>
Ninoy Aquino International Airport. Wikipedia photo<\/figcaption><\/figure>\n

MANILA — To help address congestion problems in the decades old NAIA terminal, JG Summit\u00a0Holdings Inc. of Taipan John Golongwei Jr. expressed its willingness to partner with San\u00a0Miguel Corporation (SMC) for the $10-billion proposed airport project.<\/p>\n

\u201cI think it\u2019s a good suggestion. Clearly the limiting factor now is capacity and any\u00a0plan to increase access to a capital city like Manila should be thoroughly considered,\u201d\u00a0Gokongwei said.<\/p>\n

Gokongwei also noted the holding firm\u2019s interest in creating a low cost passenger\u00a0terminal building within the SMC\u2019s proposed $10-billion international airport.<\/p>\n

\u201cWe will certainly consider that if we were approached,\u201d he stressed.<\/p>\n

SMC and Philippine Airlines Inc. (PAL) President Ramon Ang earlier said that the\u00a0diversified conglomerate is planning to invite other Philippine Companies including\u00a0Ayala Corp., the SM Group of retail and banking magnate Henry Sy, and even Cebu\u00a0Pacific to join the airport project.<\/p>\n

Meanwhile, JG Summit which owns Cebu Air Inc. (Cebu Pacific) is in the middle of a\u00a0acquiring close to 50 brand new Airbus aircraft through a $4-billion refleeting program.<\/p>\n

JG Summit owns listed budget airline Cebu Air Inc. (Cebu Pacific) which is in a middle\u00a0of a $4-billion refleeting program aimed at acquiring close to 50 brand new Airbus\u00a0aircraft.<\/p>\n

The company, which competes directly with PAL, owned by taipan Lucio Tan and SMC,\u00a0now operates 52 aircraft consisting of 10 Airbus A319, 30 A320, four A330, and eight\u00a0ATR-72 500 aircraft and is scheduled to take delivery of 11 more Airbus A320, 30\u00a0A321neo, and two Airbus A330 aircraft between this year and 2021.<\/p>\n

PAL is also presently acquiring 100 brand new aircraft through a massive fleet renewal\u00a0program where it has placed $9.5 billion order for 65 Airbus aircraft.<\/p>\n

With reports from Lawrence Agcaoili<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — To help address congestion problems in the decades old NAIA terminal, JG Summit\u00a0Holdings Inc. of Taipan John Golongwei …<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,95],"tags":[3884,2984,3883],"class_list":["post-11568","post","type-post","status-publish","format-standard","category-business","category-news-ph","tag-jg-summit","tag-naia","tag-san-miguel-corporation","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/11568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=11568"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/11568\/revisions"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=11568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=11568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=11568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}