“One of the overriding reasons why PAL agreed to settle is to manifest its trust and confidence in President Duterte's administration,” PAL, owned by tycoon Lucio Tan, said. President Durterte earlier threatened to close the Ninoy Aquino International Airport Terminal 2 if PAL would not settle its unpaid navigational fees to the government. PAL operates domestic and international flights at NAIA Terminal 2. PAL earlier said it submitted an unsolicited proposal to the government to build a P20-billon passenger terminal beside its current hub at the NAIA Centennial Terminal 2 to expand capacity. PAL, meanwhile, plans more international flights next year in time for the delivery of new aircraft.

Source: The Standard October 06, 2017 09:33 UTC