Editor's PickInvesting Ideas

Aboitiz InfraCapital, Cebu Pacific team up to develop route network

ABOITIZ InfraCapital GMR Megawide Cebu Airport Corp. (Aboitiz InfraCapital GMCAC), which manages the Mactan-Cebu International Airport,  has partnered with budget carrier Cebu Pacific to develop a route network, the company announced on Sunday.

“The thrust of Aboitiz InfraCapital, through our airport business, is to improve the country’s gateways and provide a world-class travel experience to boost tourism further,” Rafael M. Aboitiz, vice-president and head of Airport Business at Aboitiz InfraCapital, said in a media release.

Priorities include improving connectivity at the airport’s domestic and international terminals and the utilization of electric vehicles to help reduce carbon emissions, the company said.

Aboitiz InfraCapital holds a 33% stake in Mactan-Cebu International Airport, which serves about 11 million passengers.

MCIA is operated and managed by a private group, which includes Aboitiz InfraCapital, Megawide Corp. and GMR Group under a 25-year public-private partnership.

The collaboration also aims to improve passenger experience while also enhancing the operational capacity at the MCIA, Aboitiz InfraCapital said.

“Cebu Pacific is proud to operate its largest base outside Manila in one of the best airports in Asia. Partnering with Aboitiz InfraCapital GMCAC will help us reaffirm our commitment to provide safe, accessible, and affordable air transport and elevate the travel experience of our passengers,” said Alexander G. Lao, president and chief commercial officer of Cebu Pacific. — Ashley Erika O. Jose

Related Articles

Back to top button
Close
Close