Monday, 10 May 2010

Extension eyed for Terminal 2

Lenie Lectura
Business Mirror
http://www.businessmirror.com.ph/index.php?option=com_content&view=article&id=25011:extension-eyed-for-terminal-2&catid=23:topnews&Itemid=58

THE new general manager of the Manila International Airport Authority (MIAA) is determined to transform the Nayong Pilipino property into a new terminal, possibly an extension of the Ninoy Aquino International Airport (Naia) Terminal 2.

MIAA general manager Melvin Matibag said at a press briefing last week that the planned Terminal 2 extension could house the low-cost carriers’ operations and include cargo services, as well.

“I have thought of building another terminal, an extension of Terminal 2. Right now, we are leasing 1 hectare of the property and we are using that space for parking,” said Matibag.

The MIAA, he added, is looking into the legal aspect of the agency’s intention to acquire the rest of the property where Nayong Pilipino sits. The plan may include the participation of a private entity to which a build-operate-transfer (BOT) contract could be entered into with the government. “BOT can be considered so it will be less cost to the government.”

The MIAA reported oversees the Manila International Airport, Naia Terminal 2 and Terminal 3. The agency recorded a net income of P410 million in the first quarter of the year, higher by 4 percent compared to the P394 million posted in the same period last year.

The improvement was mainly due to the gross revenues of P1.9 billion recorded in the same period, also 4 percent higher compared with last year. Operational expenses, meanwhile, increased by 6 percent to P1.06 billion.

Revenues from passenger-terminal fees jumped 13 percent to P702 million in the first three months of  the year, while aeronautical fees declined 4 percent to P494 million. Security- development charge also increased 13 percent to P216 million due to the increase in international departing paying passengers. Rental revenues and concessions privilege fees were nearly flat at P294 million and P151 million, respectively.

International-passenger movement improved nearly 10 percent to 3,084,303 in the first quarter compared to the same period last year, while domestic passenger movements increased by almost 14 percent to 3,379,761 during the period.

Naia Terminal 3 passengers went up by 15 percent to 1,737,451 in the first quarter while flight movement grew almost 8 percent to 16,468 during the period. The new terminal can accommodate 13 million international passengers and more aircraft with 20 contact gates and eight remote stands.

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