MIAA estimates P1 billion in airport losses since lockdown started

Arianne Merez, ABS-CBN News

Posted at May 07 2020 12:32 PM

MANILA- Some P1 billion in airport revenues were lost during the nearly 2-month lockdown of Luzon because of the coronavirus pandemic, Manila International Airport Authority (MIAA) general manager Ed Monreal said Thursday.

Losses at the Ninoy Aquino International Airport, the country's main gateway, cover the months of March and April, when the government placed all of Luzon under enhanced community quarantine, restricting land, sea and air travel. 

"Tumatala na po kami ng almost mahigit po P1 billion sa losses sa revenue ng ating paliparan," Monreal said in a virtual press briefing.

(We are registering almost P1 billion in losses of revenue in our airport)

"Medyo malaki po ang kawalan ng ating paliparan," he added.

(This is quite a big loss for our airport.)

International flights in all airports remain suspended until Friday as authorities work on precautionary measures for the coronavirus disease.

Due to the suspension, Monreal said NAIA is less than 10-percent operational with at most 10 flights per day, most of which are cargo flights.

The MIAA chief added that air travel for now is "wishful thinking."

"Siguro we have to build po the passenger confidence when it comes to travel," he said.

(I think we have to build passenger confidence when it comes to travel.)