PHILIPPINES - Philippine Airlines eyes US$50 million Investment at Clark

ASIAtraveltips.com, 26 June 2007

Philippine Airlines is to invest between $30 and $50 million in putting up strategic facilities at the Diosdado Macapagal International Airport at Clark Field, Pampanga, in preparation for the extension of PAL’s Manila operations to Clark and the start of direct PAL service from Clark to foreign destinations.
“We are definitely operating at Clark. Our chairman – Dr. Lucio Tan – is excited at our plan to join the development of Clark. We are just trying to align our specific requirements with the master plan of Clark,” said PAL President Jaime J. Bautista.While the current airport handles approximately one million passengers a year, the Clark airport’s master plan envisions two terminals capable of handling 20 to 30 million passengers annually.

>>Full article