Philippines' Department of Transportation and Communications (DOTC) reported (28-Nov-2013) all seven prequalified groups submitted bids for the PHP17.5 billion (USD400 million) Mactan Cebu International Airport terminal construction and operation contract. The project is the first public-private partnership (PPP) offered for an airport in the country. As previously reported by CAPA, the project involves construction of a new passenger terminal, rehabilitation of the existing terminal and operation of the airport. The bidders comprise AAA Airport Partners, led by Aboitiz Equity Ventures and Ayala Group; a consortium of Metro Pacific Investments and JGS Airport Holdings; Filinvest-CAI, led by Filinvest Development and Changi Airport Group; a consortium of Incheon Airport and San Miguel; First Philippine Airports, including First Philippine Holdings, Infratil Asia and Malaysia Airports Holdings; Premier Airport Group, led by Citadel Holdings, SM Investments and Zurich Airport; and a consortium of GMR Infrastructure and Megawide Construction. [more - original PR]
Seven consortia submit bids for Mactan Cebu Airport PPP construction and operation project
You may also be interested in the following articles...
Airports - subject as always to the vicarious uncertainty of airline fortunes
CAPA’s 2016 outlook was against a background of unusually high levels of profitability for airlines.
Cebu Pacific Air reconsiders Melbourne under Tigerair Australia partnership as Sydney route improves
Cebu Pacific Air is again looking at expanding in the Australia market by launching flights to Melbourne. Efforts in recent months to improve Cebu Pacific’s performance in Sydney, which was launched in 2014, are bearing fruit and the airline is confident with Melbourne it can stimulate further demand in the Philippines-Australia market.
The LCC initially added Melbourne to its network plan in 2015 after the Philippines and Australia forged an extended air services agreement. But Cebu Pacific subsequently decided to shelve plans to launch Melbourne, and has instead been using additional A330 capacity to expand in its domestic and regional international market.
Melbourne is now back on the agenda and is the next priority – leapfrogging Honolulu – for Cebu Pacific’s long haul operation. A new partnership with Melbourne-based Tigerair Australia is a key driver in making Manila-Melbourne a viable route, along with the anticipated rapid growth in Australian visitor numbers to the Philippines.