{"id":202933,"date":"2019-02-19T04:14:12","date_gmt":"2019-02-19T09:14:12","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=202933"},"modified":"2019-02-19T04:14:12","modified_gmt":"2019-02-19T09:14:12","slug":"clark-airport-hits-record-p1-b-in-revenues","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/02\/19\/clark-airport-hits-record-p1-b-in-revenues\/","title":{"rendered":"Clark Airport hits record P1-B in revenues"},"content":{"rendered":"
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The revenue was derived from aeronautical and non-aeronautical operations at the Clark Airport that contributed 53 percent and 43 percent, respectively. (PNA File Photo)<\/figcaption><\/figure>\n

CLARK FREEPORT ZONE, Pampanga<\/strong>\u00a0\u2014 The gross revenues of the Clark International Airport Corporation (CIAC) reached an unprecedented PHP1.07 billion in 2018, an official of the government-run corporation said Tuesday.<\/p>\n

Jaime Alberto Melo, CIAC president, said this is the first time that CIAC was able to breach the PHP1-billion mark since the agency was created in 1995.<\/p>\n

\u201cNumbers of airlines, flights, destinations and business activities increased ever since President Rodrigo Duterte called for greater utilization of Clark Airport. The marketability of Clark Airport and the civil aviation complex were keys to achieving this milestone,” Melo said.<\/p>\n

Melo said revenues increased by 32 percent, or the equivalent of PHP257.43 million, from last year\u2019s PHP814.115, while CIAC\u2019s net income also posted an unprecedented growth of 80 percent or about PHP141.94 million.<\/p>\n

The revenue was derived from aeronautical and non-aeronautical operations at the Clark Airport that contributed 53 percent and 43 percent, respectively.<\/p>\n

The CIAC chief said these record-breaking figures are attributed to the Duterte administration\u2019s full support, citing Transportation Secretary Arthur Tugade – whose agency oversees the airport\u2019s operation, and CIAC\u2019s parent company, the Bases Conversion and Development Authority (BCDA), headed by its president Vivencio Dizon.<\/p>\n

\u201cThe continuing success of Clark Airport reflects the CIAC\u2019s pursuit of higher standards of service for Filipinos. The challenge is to still do better and serve better,\u201d Tugade said.<\/p>\n

Clark Airport averages around 11,500 passengers daily and registers 246 international and 480 domestic flights every week.<\/p>\n

Last year, there were around 2.6 million travelers via Clark. The airport targets to register 4.5 million annual passengers by 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

CLARK FREEPORT ZONE, Pampanga\u00a0\u2014 The gross revenues of the Clark International Airport Corporation (CIAC) reached an unprecedented PHP1.07 billion in …<\/p>\n","protected":false},"author":44,"featured_media":102556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-202933","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/202933","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=202933"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/202933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/102556"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=202933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=202933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=202933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}