Travelers mill around the ground floor of Laguindingan Airport in Misamis Oriental. File photo

DOTr  12102024

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:950px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1728705515732Image (3).jfif" class="fr-fic fr-dib" alt="Travelers mill around the ground floor of Laguindingan Airport in Misamis Oriental. File photo" style="width:950px"/><span class="fr-inner" style="text-align:left">Travelers mill around the ground floor of Laguindingan Airport in Misamis Oriental.<em> File photo</em></span></span></span></div><p>MANILA <strong>(UPDATED)</strong> — The Department of Transportation has formally awarded the operations and maintenance of Laguindingan Airport, which serves the cities of Cagayan de Oro, Iligan and Marawi, to Aboitiz InfraCapital in a move that the department said would &quot;level up&quot; Mindanao&#x27;s second busiest gateway. </p><p>The privatization of airport operations comes weeks after the expansion of Laguindingan&#x27;s passenger terminal to accomodate more travelers.</p><div><a href="https://news.abs-cbn.com/business/2024/10/3/aboitiz-infra-wins-bid-to-operate-laguindingan-airport-1050">• Aboitiz Infra wins bid to operate Laguindingan Airport</a></div><p>&quot;We are confident in the technical and management capability of Aboitiz to elevate Laguindingan to global standards, especially at improving passenger service,&quot; Transportation Secretary Jaime Bautista said in a release.</p><p>The agency also highlighted the enhanced passenger service at the Mactan Cebu International Airport which is also being operated by AIC.</p><p>MCIA&#x27;s Terminal 2 recently attained a prestigious 4-star rating from globally renowned aviation consultancy Skytrax.</p><p>AIC will invest P12.75 billion in renovating and upgrading the airport&#x27;s airside and landside facilities, passenger terminal building, and equipment &quot;to transform the airport into a world-class facility, enhancing passenger experience and fostering regional growth,&quot; DOTr shared on its Facebook post.</p><p>The Laguindingan Airport Public-Private Partnership (PPP) Project is a 30-year program to upgrade, expand, operate and maintain the airport over two phases.</p><p>Aboitiz InfraCapital will reconfigure terminal space at Laguindingan and build, maintain, and repair a new Passenger Terminal Building, DOTr said.</p><div><a href="https://news.abs-cbn.com/business/2024/10/11/naia-rehab-begins-terminal-4-to-be-shuttered-for-major-renovation-1558">• NAIA rehab begins: Terminal 4 to be shuttered for &#x27;major&#x27; renovation</a></div><p>The Ninoy Aquino International Airport in Pasay City in Metro Manila is also going through renovations to its Terminal 4 as part of improvements by private firm New NAIA Infrastructure Corp., which took over airport operations in September.</p><p>Privatization, through concession agreements and publi-private partnerships, comes with concerns over higher terminal fees and similar charges to maximize profit for firms participating in the projects.</p><div><br/></div><div><strong>RELATED VIDEO</strong></div><div><strong><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/D9bFP1UG040?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span></strong><br/></div>

<p>The Laguindingan Airport Public-Private Partnership (PPP) Project is a 30-year program to upgrade, expand, operate and maintain the airport over two phases.</p>

The Laguindingan Airport Public-Private Partnership (PPP) Project is a 30-year program to upgrade, expand, operate and maintain the airport over two phases.

DOTr awards Laguindingan Airport operations contract to Aboitiz firm | ABS-CBN

Entertainment

News

Metro.Style

Sports

More

Business

DOTr awards Laguindingan Airport operations contract to Aboitiz firm

DOTr awards Laguindingan Airport operations contract to Aboitiz firm

ABS-CBN News

Published Oct 12, 2024 12:06 PM PHT

|

Updated Oct 12, 2024 01:28 PM PHT

Read More:

Laguindingan Airport

Department of Transportation

DOTr

Aboitiz

Aboitiz InfraCapital

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

Terms of Service

Advertise with Us

© 2024 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Advertise with Us

Privacy Policy

Terms of Service

© 2024 ABS-CBN Corporation. All Rights Reserved.