PH sets air talks with HK

By Lorenz S. Marasigan, BusinessMirror

Posted at Jul 29 2014 07:46 AM | Updated as of Jul 29 2014 03:46 PM

MANILA - The Philippines is looking at expanding its air-services pact with Hong Kong in a bid to further liberalize air traffic rights with the Chinese territory.

Civil Aeronautics Board Executive Director Carmelo L. Arcilla said a two-day negotiation will be held in October to further increase seat entitlements to the Chinese territory.

“[Hong Kong] is the No. 1 destination for [the country’s] outbound traffic. The market is mostly Filipino leisure travelers,” he said in a phone interview.

Arcilla cannot readily provide details of the existing air-services agreement with Hong Kong, but said “it is one of the largest allocations we have.”

The country’s air-services regulator has, so far, conducted negotiations with six nations, yielding additional flights that would facilitate richer trade and tourism. It bagged additional entitlements from Macau, Canada, Myanmar, New Zealand, Singapore and France.

The government aims to generate $4.6 billion in tourism revenues by the end of the Aquino administration.

It also aims to attract 6 million tourists and create 3 million jobs by 2016. This would allow the sector to contribute 6.35 percent to the country’s gross domestic product.

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