PAL mulls move to Clark as NAIA congestion losses rise
Philippine Airlines, Inc. (PAL) said its losses reach around US$1,780 for every 30-minute delay in its flights due to the runway congestion at Manila’s Ninoy Aquino International Airport (NAIA).
December 31, 2015
By PLA Editor
From 15 September to 15 November the carrier’s on-time arrival performance is 66 per cent, data from the Web site of airport information provider FlightStats, Inc. showed. Acknowledging there would always be internal delays due to maintenance and check-in issues, he said that barring external factors the checkin time should be around 95 per cent.
Th e Department of Transportation and Communications earlier said it recorded a total of 277,112 aircraft movements in 2013 alone – already surpassing the 274,880 target for 2016 under the 2011-2016 Philippine Development Plan. NAIA’s runways currently handle about 40 aircraft movements (landing and take-off events) an hour which is limited due to the fact the two-runway airport is constrained by intersecting runways which limit their full potential.
Th is results in chronic congestion in aircraft movements, exacerbated by a rapidly growing domestic aviation market which leads to frequent flight delays and cancellations.
PAL’s listed parent fi rm, PAL Holdings, Inc., reversed last year’s PHP 322.16 million (US$6.83 million) net loss as it swung to a PHP 247.9 million profit in the third quarter, helped by the peso’s depreciation against the dollar and higher passenger revenues from new routes.
For the first nine months, its net income ballooned by an annual 2,465 per cent to P6.11 billion.