PAL to Build $6 Billion International Airport in Bulacan

The country’s flag carrier and Asia’s first commercial airlines, Philippine Airlines (PAL) is certain of pushing through with the $6 billion development of an international airport to house its growing number of aircrafts according to PAL Chief Executive Ramon Ang.

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The revelation was made by PAL on Thursday night, after numerous reports surfaced that the airlines have shelved the project after they failed to present it to the President of the Republic, Pres. Benigno Aquino III last February.

With the proposed PAL airport, it will help decongest the already crowded Ninoy Aquino International Airport in Manila. Ang was also confident that the project will be supported by the Aquino administration.

The only problem right now with government, the mammoth development is hindered by bureaucrats and critics so PAL decided to prepared intensively for the 2,000 hectare development project.

The chairman and CEO of PAL is also the heads of food manufacturing firm San Miguel Corporation. PAL also confirmed that they will buy 54 new Airbus planes working toward acquiring a total of 100 planes, some of them will be long-range crafts.

According to a report by Malaysian banking firm CIMB Group, the airline company is eyeing Bulacan as a possible location for the new airport.

PAL

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