San Miguel Corporation to have its own airlines?


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Aviation think-tank CAPA recently disclosed that San Miguel Corporation (SMC), one of the Philippines’ largest conglomerates, is considering putting up its own airline company.

To be based in Caticlan Airport, gateway to Boracay, the airline is said to fly both domestic and international flights.

According to company sources, SMC is in talks with Boeing, Bombardier and Embraer respectively. SMC previously owned a 49% stake in Philippine Airlines until 2014 when Lucio Tan acquired it for USD1.1billion.

Abangan.

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