Philippine Airlines (PAL) President Jaime J. Bautista said the airline’s proposal to build a P20-billion passenger terminal extension over the former Nayong Pilipino area will “take a back seat” after a “super consortium” submitted an unsolicited bid to rehabilitate and expand Ninoy Aquino International Airport.
“We are still in discussion, but I think when the consortium takes over, they will have work with PAGCOR. So, it will be in the back seat at the moment,” Bautista said.
PAGCOR owns the former Nayong Pilipino complex which is being eyed by PAL as site for its Terminal 2 Annex project.
PAL earlier submitted a proposal to build a new passenger terminal, which could handle 12 to 15 million passengers annually. It will have aerobridges capable of serving 12 to 17 wide-body and single aisle jets.
The annex terminal will rise on a 16-hectare area adjacent to Terminal 2.
PAL expects to start construction of the new terminal by December 2020, to be operational by July 2021.
PAL’s move to defer the planned new passenger terminal came after a consortium submitted a P350-billion proposal to rehabilitate NAIA.
The consortium’s members are Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corp., Alliance Global Group Inc., AEDC, Filinvest Development Corp., JG Summit Holdings Inc. and Metro Pacific Investments Corp.
The proposal involves expanding and interconnecting the existing terminals of NAIA, upgrading airside facilities and developing commercial facilities to increase airline and airport efficiencies, enhancing passenger comfort and experience and improving public perception of NAIA.
The project has two phases: Phase 1 includes improvement and expansion of terminals; while Phase 2 involves development of an additional runway, taxiways, passenger terminals and associated support infrastructure. The group proposed a 35-year concession period.
The consortium will spend P100 billon for Phase 1 and P250 billion for Phase 2.