Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

NAIA operator to start collecting curbside fees

by
October 3, 2024
in Top News
0
NAIA operator to start collecting curbside fees
0
SHARES
25
VIEWS
Share on FacebookShare on Twitter

By Ashley Erika O. Jose, Reporter

THE SAN MIGUEL-LED operator of the country’s main gateway expects to start collecting fees this year from vehicles in drop-off or pickup zones beyond the time limit.

“Curbside fees are normal. Other airports have them. There’s a group working on that,” New NAIA Infrastructure Corp. (NNIC) General-Manager Angelito A. Alvarez told reporters on the sidelines of the European Chamber of Commerce of the Philippines Aviation Summit 2024 on Thursday.

He said all fees under the administrative order issued by the Manila International Airport Authority (MIAA) are for implementation this month, with the exception of the passenger service charge, which will be imposed in September next year.

The NNIC is composed of San Miguel Corp. (SMC), one of the Philippines’ largest and most diversified conglomerates; RMM Asian Logistics, Inc.; RLW Aviation Development, Inc.; and Incheon International Airport Corp., the operator of South Korea’s main international airport.

The group took over the operations and maintenance of NAIA on Sept. 14 after offering to allocate 82.1% of NAIA revenues to the government.

“The [readjustment of rates] is actually beyond us because the terms of reference have been set by the government. We have no choice but to comply. But maybe we can study it further,” Mr. Alvarez said.

Under MIAA’s Revised Administrative Order No. 1, landing and take-off fees for international and domestic air traffic movement will be higher effective Oct. 1.

Landing and take-off fees are charges levied for the use of airport facilities and services during aircraft landings and takeoffs.

Local airlines said the imposition of higher landing and take-off charges may result in higher airfares.

“Cebu Pacific confirms that increases in landing and takeoff fees at NAIA will impact both airlines and passengers,” Cebu Pacific said in a statement.

“These adjustments, covering fees, dues, charges, and assessments, are expected to influence ticket pricing. However, AirAsia Philippines is still carefully evaluating the potential operational impact of the new airport fees,” Steve F. Dailisan, head of communications and public affairs at AirAsia Philippines, said in a Viber message.

Philippine Airlines did not respond to BusinessWorld’s request for comment by the deadline.

“Already, travelers are hit with excessive airport fees, inflated parking rates, and steep landing and take-off charges — fees that are being imposed long before the airport upgrades have even been completed or their benefits realized,” AirportWatch spokesperson Danilo Lorenzo Delos Reyes said in a statement.

NNIC also defended the hike in parking fees at the airport, saying that it is part of its overall plan to help improve airport flow.

The previous parking fees unintentionally invited the misuse of the airport’s limited parking spaces, NNIC said, adding that this created a parking shortage for passengers, which resulted in congestion.

In an administrative order effective Oct. 1, NNIC said the standard parking fees for cars will increase by 25% to P50 from P40 for the first two hours, while it will also impose a P25 charge for succeeding hours or a fraction thereof.

Standard overnight parking fees for cars will increase fourfold to P1,200 from the previous P300, according to NNIC.

For motorcycles, NNIC said it will impose P480 parking fees for a 24-hour stay and P2,400 for buses.

Further, Mr. Alvarez said that the company may study the call to exempt airport workers from the parking fee increase.

“We can review this, but as far as we are concerned, based on the study, the rates imposed are reasonable,” he said.

ShareTweetPin

Related Posts

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026
Top News

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026

June 11, 2026
FTSE 100 edges higher as investors balance financial recovery and AI risks
Top News

FTSE 100 edges higher as investors balance financial recovery and AI risks

June 11, 2026
SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares
Top News

SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares

June 11, 2026
Dow futures surge 370 points: 5 things to know before market opens
Top News

Dow futures surge 370 points: 5 things to know before market opens

June 11, 2026
Why Claude Mythos Preview is a wake-up call for Wall Street
Top News

Why Claude Mythos Preview is a wake-up call for Wall Street

June 11, 2026
SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63
Top News

SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63

June 11, 2026
Next Post
IMF bullish on PHL banking sector

IMF bullish on PHL banking sector

Recommended

BMAP celebrates 50 years of professionalizing bank marketing

BMAP celebrates 50 years of professionalizing bank marketing

August 1, 2024
Balancing Fitness, Work, and Mindful Snacking

Balancing Fitness, Work, and Mindful Snacking

September 20, 2024
Women empowerment

Women empowerment

August 21, 2024
Crypto Market Recap: Bitcoin Breaks US$100,000, Coinbase Makes US$2.9 Billion Power Play

Crypto Market Recap: Bitcoin Breaks US$100,000, Coinbase Makes US$2.9 Billion Power Play

May 11, 2025
3 Stocks to Watch While Everyone’s Staring at NVIDIA

3 Stocks to Watch While Everyone’s Staring at NVIDIA

May 24, 2025
Perpetua Gets US Forest Service Approval for Stibnite Gold-Antimony Project

Perpetua Gets US Forest Service Approval for Stibnite Gold-Antimony Project

January 8, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Dollar General CEO exposes bitter reality about today’s economy

    Dollar General CEO exposes bitter reality about today’s economy

    June 12, 2026
    Cathie Wood dumps $12.7M of tumbling, next-gen travel stock

    Cathie Wood dumps $12.7M of tumbling, next-gen travel stock

    June 12, 2026
    Goldman Sachs rethinks what’s next for cybersecurity stocks

    Goldman Sachs rethinks what’s next for cybersecurity stocks

    June 12, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved