NEW NAIA Infra Corp. (NNIC), the operator of the Ninoy Aquino International Airport (NAIA), said terminal reassignments at the main gateway will be implemented by July, coinciding with the expected opening of Terminal 4. “Terminal reassignments will be by July, the expected (completion of) Terminal 4 will trigger it,” NNIC Adviser Cesar M. Chiong told […]NEW NAIA Infra Corp. (NNIC), the operator of the Ninoy Aquino International Airport (NAIA), said terminal reassignments at the main gateway will be implemented by July, coinciding with the expected opening of Terminal 4. “Terminal reassignments will be by July, the expected (completion of) Terminal 4 will trigger it,” NNIC Adviser Cesar M. Chiong told […]

NAIA operator sets July date for terminal reassignments

2025/12/10 23:58

NEW NAIA Infra Corp. (NNIC), the operator of the Ninoy Aquino International Airport (NAIA), said terminal reassignments at the main gateway will be implemented by July, coinciding with the expected opening of Terminal 4.

“Terminal reassignments will be by July, the expected (completion of) Terminal 4 will trigger it,” NNIC Adviser Cesar M. Chiong told BusinessWorld on the sidelines of a committee hearing on Wednesday.

The plan calls for terminals 1 and 3 to continue serving international passengers, with low-cost carriers taking Terminal 1 and full-service airlines assigned to Terminal 3, Mr. Chiong said.

Terminals 2, 4, and the proposed Terminal 5 will be reserved for domestic operations, which account for the majority of NAIA’s passenger traffic, he said.

For the nine months to September, passenger volume at NAIA rose 3.96% to 38.86 million, according to the Manila International Airport Authority (MIAA).

It said NAIA domestic passenger volume for the first nine months rose to 20.75 million, up 3.29% from a year earlier. International passenger volume rose 4.74% to 18.11 million.

NNIC said in April that the construction of the proposed Terminal 5 on the site of the former Philippine Village Hotel will take about two years.

NNIC won in 2024 the P170.6-billion contract to operate, maintain, and upgrade NAIA. The government hopes to earn P900 billion from the project, equivalent to P36 billion per year. This projection compares with the P1.17 billion aver-age annually remitted by the MIAA over the 13 years ending 2023, according to the Department of Transportation.

NNIC’s plan for NAIA includes four years of initial works. Mandatory works will take place within five years, and Civil Aviation Authority of the Philippines (CAAP) works taking place within six years.

The initial works phase for NAIA includes rehabilitating and enhancing existing facilities, including road improvements, terminal expansion, and new parking. — Ashley Erika O. Jose

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27