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Liberalization of Philippine Aviation
« on: January 07, 2011, 05:49:53 PM »
President Benigno S. Aquino III has assured players of the local carriers that opening the country’s sky to international aviation industry will definitely provide opportunities for them that will redound to further boost the country’s tourism industry and the economy.

The Chief Executive echoed this statement after he led the awarding of the Cebu Pacific’s 50 millionth passenger on Thursday night in simple ceremony at the departure lounge of the Ninoy Aquino International Airport (NAIA) Terminal 3 in Pasay City.

“I am aware of the concerns of our local carriers and I can assure you that as we liberalize aviation, it will be undertaken in a way that will open up opportunities for competitive and world class domestic carriers like the Cebu Pacific,” the President said adding that once the open sky policy is implemented, local carriers would benefit from it because more visitors from the neighboring countries will be coming in.

“Once implemented, we expect more international airlines to enter the market. Aside from opening our doors to more visitors that will strengthen our tourism, this will also allow us to enjoy a free market for products to further boost our economy. This, of course, will redound to thousands of additional jobs, which in turn will provide decent living to many Filipino families,” he said. - pna

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