PAL Holdings: Sangley Airport project 'has not been presented or proposed'

PAL Holdings stated (24-Feb-2020) "We wish to advise that the Sangley Airport Project has not been presented or proposed to the PHI's management and board". It added: "We believe it will be premature at this point to comment on the same". As previously reported by CAPA, Macroasia Corporation president and COO Joseph T Chua reported plans to bring Philippine Airlines into a consortium due to construct the USD10 billion Manila-Sangley Point Danilo Atienza Air Base project in 2Q2020. [more - original PR]