(UPDATE) ABOUT P141 billion will be needed to upgrade and modernize the Ninoy Aquino International Airport (NAIA). NAIA can handle around 33 million passengers annually. In 2019, before the Covid-19 pandemic, nearly 48 million passengers passed through NAIA. Lim clarified that privatizing NAIA does not mean that the government is selling it. The airport is managed by the Mactan-Cebu International Airport Authority and operated by the GMR-Megawide Cebu Airport Corporation.

Source: Manila Times June 09, 2023 04:36 UTC