Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Aboitiz Infracapital gears up for MCIA expansion

Aboitiz Infracapital gears up for MCIA expansion – BusinessWorld Online


      
      
      
      
      








BW FILE PHOTO

ABOITIZ INFRACAPITAL Cebu Airport Corp. (ACAC), the operator of Mactan-Cebu International Airport (MCIA), has tapped global aviation consultancy Ricondo & Associates, Inc. to develop a master plan for its airport upgrades and expansion plans.

“With this comprehensive master plan, ACAC and Ricondo are setting new benchmarks in airport development, paving the way for MCIA to become a global leader in air travel,” Mactan-Cebu Airport Authority (MCIAA) General Manager Julius G. Neri said in a media release on Thursday.

ACAC is exploring initiatives to expand airport capacity and optimize its operations through technology, in response to growing passenger volume, and to position Cebu as a strategic gateway for tourism and commerce.

The company aims to accommodate future air traffic growth by implementing a phased development strategy, which will allow it to adopt the right approach for capacity expansion, it said.

The plan also covers innovation, technology, and sustainability initiatives, ACAC said, adding that it plans to implement digital solutions and automation to improve operational efficiency, streamline passenger movement, and reduce its carbon footprint.

“Our focus remains on being the main tourism and transfer gateway in the country by delivering an exceptional passenger experience, embracing sustainable practices, and ensuring operational excellence,” ACAC Chief Executive Officer Athanasios Titonis said. — Ashley Erika O. Jose

CEDTyClea





    You May Also Like

    Stock Markets

    BW FILE PHOTO By Revin Mikhael D. Ochave, Reporter THE RECENTLY ANNOUNCED move of the Philippine Stock Exchange (PSE) to lower the minimum public...

    Finance

    The Hollywood owners of Wrexham AFC, Ryan Reynolds and Rob McElhenney, are on the hunt for new investors as they continue their ambitious push...

    Finance

    The UK’s life sciences sector is falling behind international competitors, missing out on an estimated £15 billion a year over the past decade due...

    Finance

    Uber has announced the nationwide expansion of its pioneering childcare support scheme, offering more than 100,000 drivers across the UK access to free, flexible...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) 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.