A British energy entrepreneur and one-time Formula 1 racing team owner is entering the race to build new inter-city “flying taxi” services that tap recent aerospace advances.
Read More »Travel and Tourism
Clark has priority over SMC’s aerotropolis
Finance Secretary Carlos G. Dominguez III will choose to prioritize the development of New Clark City over San Miguel Corp.’s (SMC) proposed P735.6-billion “aerotropolis” in Bulacan.
Read More »Government okays return of fuel surcharge by airlines
The government has approved the petition by local airlines to re-impose a fuel surcharge on tickets so air carriers can survive the high oil prices compounded by a weakening peso.
Read More »Amazon orders 20K Daimler vans
Amazon.com, Inc. has ordered 20,000 Mercedes-Benz vans from Daimler AG as it expands its fleet of delivery vehicles.
Read More »Americans are largest global air travelers in 2017
New statistics on air travel reveal that Americans made up the largest group of air travelers in 2017, with nearly 19% of global passenger traffic coming from the United States.
Read More »Naia Consortium insists no government guarantee for airport rehab proposal
A consortium of the country’s seven biggest conglomerates insisted it is not asking for government guarantees on its unsolicited offer to modernize and operate Manila’s Ninoy Aquino International Airport (Naia) for 15 years.
Read More »Proposed P2.5-B Clark runway aimed to decongest Naia
The Clark International Airport Corp. (CIAC) plans to build a second runway at Clark airport which can be regarded as the fastest means to decongest the Ninoy Aquino International Airport.
Read More »Philippines, Indonesia to resume Davao-Manado flights
The Philippines and Indonesia will push for the resumption of flights between Davao to Manado to mutually boost trade, tourism and investments as diplomatic relations between the two nations reach its 70th anniversary in 2019.
Read More »Grab to fight LTFRB over P10-M fine for overcharging
GRAB Philippines will exhaust all administrative and legal means to overturn the decision of the Land Transportation Franchising and Regulatory Board (LTFRB) to fine the company P10 million for supposedly overcharging its customers.
Read More »Beijing’s massive new airport ready for 2019 launch
Amid farmlands on the outskirts of Beijing, a massive construction site rising above the horizon bustles with activity as 8,000 workers build a new airport.
Read More »
The Market Monitor Minding the Nation's Business