San Miguel Corporation to have its own airlines?

Image result for san miguel corporation

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.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s