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Private Airline to Put in Home Base in Subic |
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Written by Loren
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Wednesday, 28 October 2009 |
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Pacific Pearl airways, a private airline, is spending $10 million to set up its home base at Subic Bay International Airport.The private airline, which is offering domestic and private chartered flights, to start operating out of SBIA in December this year. Armand Arreza, Subic Bay Metropolitan Authority Administrator, signed the memorandum of agreement last week with PPA president Kristoffer Jimenez. Jimenez said that the airline would be offering competitive rates without sacrificing quality service costs. He said this was made possible by tax incentives and other perks offered by the free port.
Local flight destinations will expand as the company establishes its presence in the local airline industry and they are planning to fly to other destinations like Taiwan. This kind of investment proved that Subic was still an investment attraction despite the current global crisis. This also would aggressively promote business and tourism establishments. [via inquirer.net] |