• About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
Monday, December 11, 2023
Invest Daily Pro
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Politics
  • Editor’s Pick
No Result
View All Result
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Politics
  • Editor’s Pick
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Forex

NAIA Q2 passenger traffic up sharply at 8.3M as pandemic restrictions ease

by
July 21, 2022
in Forex
0
NAIA Q2 passenger traffic up sharply at 8.3M as pandemic restrictions ease
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter
FACEBOOK.COM/NAIA TERMINAL-1

PASSENGER traffic at the Ninoy Aquino International Airport (NAIA) rose sharply in the second quarter following the easing of safety requirements for travelers, including quarantines and test results.

The Manila International Airport Authority (MIAA) said international passenger volume was up 129% from a quarter earlier, while domestic traffic was up 87%.

Domestic passenger traffic at the various NAIA terminals — arrivals as well as departures — topped 5.94 million in the second quarter, according to percentage changes derived from raw throughput data provided on the MIAA website for both periods.

International passenger traffic rose to more than 2.35 million in the three months to June.

In its financial report for the first quarter, the NAIA operator returned a net loss of P234 million, narrowing from a loss of P583 million a year earlier.

MIAA is required to remit 50% or more of its net income as dividends to the National Treasury.

“This is apart from the 20% National Government share in MIAA’s operating income based on actual collections, excluding income from utilities and terminal fees/passenger service charge, and the 30% corporate income tax, as well as the P100 share on passenger service charge and the contributions to National Civil Aviation Security Committee, which is P60 for every international passenger and P15 for every domestic passenger,” it said in its report.

Cebu Pacific, Philippine Airlines, and AirAsia Philippines continue to boost flight service on both domestic and international routes to take advantage of the increased demand for air travel resulting the relaxation of pandemic-related restrictions.

On Feb. 10, the Philippines started accepting nationals that do not require visas to enter the country. Since April 1, borders have been opened to all nationals.

Foreign visitors have totaled 517,516 as of May 25 since the full reopening of borders with minimal quarantine requirements, according to the Department of Tourism.

The US was the top source of arrivals between Feb. 10 and May 25 with 104,589, followed by South Korea with 28,474 arrivals, and Canada 24,337. — Arjay L. Balinbin

ShareTweetPin

Related Posts

PHL says military chief was aboard ship Chinese vessels rammed, hit with water cannon 
Forex

PHL says military chief was aboard ship Chinese vessels rammed, hit with water cannon 

December 11, 2023
Hong Kong ‘patriots only’ election falls flat with record low turnout
Forex

Hong Kong ‘patriots only’ election falls flat with record low turnout

December 11, 2023
Australia plans to halve migrant intake, tighten student visa rules
Forex

Australia plans to halve migrant intake, tighten student visa rules

December 11, 2023
UK creates unit to clamp down on companies evading Russian sanctions
Forex

UK creates unit to clamp down on companies evading Russian sanctions

December 11, 2023
China ready to offer grants to Vietnam to build faster rail links — ambassador to Vietnam
Forex

China ready to offer grants to Vietnam to build faster rail links — ambassador to Vietnam

December 11, 2023
No global carbon price? Some companies set their own
Forex

No global carbon price? Some companies set their own

December 11, 2023
Next Post
Stock index drops further on coronavirus worries

Stock index drops further on coronavirus worries

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

In pain? Try eating more plants

In pain? Try eating more plants

November 1, 2022
Confronting illicit trade to boost legitimate commerce

Confronting illicit trade to boost legitimate commerce

July 25, 2023

Jackery Celebrates Nikola Tesla Day with 40% Discount on Power Stations and Solar Generators for Amazon Prime Day on 11-12 July 2023

July 10, 2023
How to Maximize Your Wins with UFABET 100

How to Maximize Your Wins with UFABET 100

November 28, 2023

The Benefits of Genuine Microsoft Licensing for Refurbishers: Why Authenticity Matters

June 19, 2023
Cebu Pacific aims to boost demand for Singapore travel

Cebu Pacific aims to boost demand for Singapore travel

March 13, 2023
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Privacy Policy
    • Terms & Conditions
    • Contact Us
    • Email Whitelisting

    Copyright © 2023 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About Us
    • Contact Us
    • Email Whitelisting
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank You

    Copyright © 2023 SmarterNewsNow. All Rights Reserved.