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NAIA losses widen to over P1 billion

Aviation Updates Philippines – In a COVID-19 public briefing by state-run PTV, Manila International Airport Authority (MIAA) General Manager Eddie Monreal said losses on the operations of the Ninoy Aquino International Airport (NAIA) widened to over a billion pesos as of late-April.

LOSSES WIDEN. The operations of the Ninoy Aquino International Airport are greatly affected by the flight restrictions imposed due to the COVID-19 pandemic. Photo from Joshua Cruz, AUP Contributor

When asked about the airport's financial situation, Monreal responded: "Medyo malaki po ang kawalan ng ating paliparan. Sa ngayon po, last tally po namin nung end of April, tumatala na po kami ng almost isang bilyon na losses ng revenue sa ating paliparan."

(We have incurred quite huge losses at our airport. From our latest tally from the end of April, we have recorded around P1 billion in losses.)

Monreal hopes to resume normal operations once the enhanced community quarantine will be lifted over Metro Manila. Flights may now resume for airports under the general community quarantine.

"Unang-una, I am really fervently hoping na sana bumalik na sa dating sigla. Pero medyo matagal. It's a wishful thinking sa ngayon po 'yan. Dahil alam naman po natin na marami tayong mga restrictions. At siguro po, we have to build the passenger confidence in terms of traveling."

(First of all, I am fervently hoping for everything to resume as it was. But it will be a long process. It's wishful thinking for now because, as we know, we have some restrictions imposed. We should also have to build passenger confidence in terms of traveling.)

He added: "Magagawa po natin 'yan sa tulong ng ating mga kababayan. 'Wag na hong magdadag, at sumunod at tumalima sa ating mga panuntunan na huwag lalabas, huwag na hong makipaghalubilo sa ibang mga tao para ang inyong area ay maging COVID-free."

(We can make things possible with the help of our fellowmen. We should follow the orders of authorities to make our areas COVID-free.)

More than two weeks ago, MIAA said losses were at P200 million, five weeks into the implementation of the enhanced community quarantine in Manila. The airport, which receives an average of 700 commercial flights a day, is now only receiving around 10 per day. 

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