gmr | ABS-CBN News

Aboitiz InfraCapital acquires shares in Mactan airport operator: Megawide

ABS-CBN News
Posted at Sep 02 06:51 PM

The deal involves GMCAC's issuance of primary shares and the transfer of secondary shares from Megawide and GAIBV to Aboitiz InfraCapital amounting to P9.5 billion, it added. Read more »

Megawide counters anti-dummy law complaints

ABS-CBN News
Updated as of Dec 02 11:51 AM

Megawide is taking a stand to counter Anti-Dummy Law complaints lodged against it for allegedly allowing foreign nationals to run the airport. Read more »

Megawide reiterates law 'adherence' in Cebu airport project

ABS-CBN News
Posted at Nov 26 12:47 PM

Megawide Construction Corp on Friday reiterated that it has adhered to applicable laws in the transformation and management of the Mactan-Cebu International Airport. Read more »

Megawide confirms NAIA rehab bid rejected by gov't

ABS-CBN News
Updated as of Jan 26 12:51 PM

The Filipino Indian consortium seeking to rehabilitate the Philippines' main gateway confirmed on Tuesday that the government has turned down its appeal to keep the group's original proponent status (OPS).  Read more »

New Clark Airport terminal turned over to gov't, LIPAD Corp, to open to public in July

Nika Lazo, ABS-CBN News
Updated as of Jan 22 03:59 PM

MANILA - Megawide and Indian partner GMR on Friday handed over to the government the newly completed Clark International Airport terminal, expected to start operations by July this year. Read more »

Government may do NAIA rehab itself says Finance chief

Warren de Guzman, ABS-CBN News
Posted at Jan 12 04:02 PM

The government may undertake the rehabilitation of the Ninoy Aquino International Airport itself following failed bids from the private sector, Finance Secretary Carlos Dominguez said on Tuesday.  Read more »

Megawide appeals to restore original proponent status for NAIA rehab

ABS-CBN News
Updated as of Dec 21 05:40 PM

The Filipino-Indian consortium bidding to rehabilitate the Ninoy Aquino International Airport is appealing the revocation of its original proponent status (OPS), according to a document obtained on Monday by ABS-CBN News.  Read more »

LOOK: New design for NAIA 1 takes inspiration from Banaue rice terraces

ABS-CBN News
Updated as of Dec 15 02:21 PM

The consortium that won the bid to rehabilitate the Ninoy Aquino International Airport has unveiled its proposed design for Terminal 1, which takes inspiration from the Banaue Rice Terraces.  Read more »

Travel industry should not wait for vaccines to restart : Cebu Pacific

ABS-CBN News
Posted at Dec 09 07:33 PM

The Philippine travel industry should restart even if the country is still waiting for the arrival of COVID-19 vaccines, an official of the country's largest airline said on Wednesday.  Read more »

Megawide commits 'no flight delays' within 6 months after NAIA rehabilitation

ABS-CBN News
Posted at Nov 27 01:48 PM

Megawide committed on Friday that there will be no flight delays after 6 months of taking over operations of the Ninoy Aquino International Airport (NAIA), confident of their expertise in airport operations. Read more »

Megawide says investors 'excited' over its NAIA rehab bid

Bruce Rodriguez, ABS-CBN News
Posted at Nov 16 04:11 PM

Megawide Construction Corp on Monday said it has fully complied with government requirements and that investors and lenders are keen on funding its bid to upgrade the Philippines' main airport.  Read more »

Antitrust body OKs French airport operator's stake acquisition in GMR

ABS-CBN News
Updated as of Aug 20 01:32 PM

The Philippine Competition Commission said Thursday it approved the proposed acquisition of shares of French airport operator in GMR Airports. Read more »

Megawide-GMR takes over NAIA rehab, gets 'original proponent status'

ABS-CBN News
Updated as of Jul 17 03:02 PM

The consortium of Megawide-GMR on Friday said government has granted it "original proponent status," paving the way for rehabilitation of the country's main international gateway. Read more »

Clark airport's new terminal to open by January 2021: DOTr

ABS-CBN News
Posted at Jul 15 09:53 PM

MANILA - Clark airport’s new passenger terminal will be ready to operate by January next year, Cabinet members said on Wednesday after inspecting the facility.  Read more »