<\/p>\n
By Ashley Erika O. Jose, <\/b>Reporter<\/i><\/p>\n
AIRASIA Philippines has settled its financial obligations with the Civil Aviation Authority of the Philippines (CAAP), avoiding a possible disruption to its operations at government-run airports.<\/p>\n
\u201cCAAP confirms that AirAsia Philippines has complied with the directive to settle its obligations this morning, June 4, subject to ongoing standard reconciliation processes,\u201d the regulator said in a press release on Thursday.<\/p>\n
The settlement comes after earlier reports that the regulator issued a cease-and-desist order on June 2, directing the carrier to halt operations inside three days if unpaid fees weren’t addressed.<\/p>\n
The unpaid obligations amounting to about P271.94 million were linked to airport-related charges, including navigation fees, landing and parking fees and passenger service charges.<\/p>\n
CAAP said these also included unremitted terminal fees collected from passengers, in addition to amounts tied to expired and unused tickets which are held in trust for the authority.<\/p>\n
CAAP earlier warned that failure to settle the obligations may lead to operational suspension at airports under its jurisdiction.<\/p>\n
It also noted that discussions with AirAsia Philippines had been occurring since last 12 months as a part of efforts to resolve the problem without service interruptions.<\/p>\n
The regulator said it had given the airline until June 6 to totally settle its accounts, but confirmed that payment had already been made ahead of the deadline.<\/p>\n
It added that it appreciates the airline\u2019s cooperation and said the resolution supports the orderly conduct of aviation operations within the country.<\/p>\n
\u201cAny interruption in airline operations carries significant consequences, including economic impacts, potential employment displacement and disruption to passenger and cargo services,\u201d CAAP said. \u201cAccordingly, the settlement of the obligations stays essentially the most practical and preferred plan of action.\u201d<\/span><\/p>\n In March, CAAP issued a requirement letter to AirAsia Philippines, ordering the airline to settle unpaid obligations, including airport fees and unremitted passenger charges totaling P833.66 million.<\/p>\n AirAsia Philippines on Wednesday said its flights proceed to operate as scheduled across its network.<\/span><\/p>\n The carrier did in a roundabout way address the small print of the obligations but said operations remain unaffected, subject to plain aspects akin to weather conditions and operational requirements.<\/p>\n AirAsia had faced mounting scrutiny over its outstanding dues, which regulators said collected over several years.<\/p>\n In a press release, AirAsia X Bhd., speaking on behalf of the group, denied reports that AirAsia Philippines could be grounded, calling them inaccurate and suggesting they formed a part of a broader campaign geared toward the airline. It said operations within the Philippines remain stable and unaffected.<\/p>\n The group reiterated that every one flights and services would proceed as scheduled. It added that AirAsia stays focused on maintaining reasonably priced air travel and expanding connectivity within the Philippines, which is one among its key Southeast Asian markets.<\/p>\n AirAsia Group advisor and co-founder Tony Fernandes said the airline continues to see strong long-term prospects within the Philippines, supported by airport infrastructure improvements, including developments at Ninoy Aquino International Airport and Mactan-Cebu International Airport.<\/p>\n He said a planned fleet expansion would let the airline increase capability and improve efficiency, enabling it to serve more passengers and strengthen its regional network.<\/p>\n AirAsia is a component of a broader low-cost carrier group operating across Malaysia, Thailand, Indonesia, the Philippines and Cambodia. Its Philippine unit began operations in 2012 and has since grown to serve thousands and thousands of passengers annually.<\/span><\/p>\n<\/p><\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" AIRASIA By Ashley Erika O. Jose, Reporter AIRASIA Philippines has settled its financial obligations with the Civil Aviation Authority of the Philippines (CAAP), avoiding a possible disruption to its operations at government-run airports. \u201cCAAP confirms that AirAsia Philippines has complied with the directive to settle its obligations this morning, June 4, subject to ongoing standard […]<\/p>\n","protected":false},"author":1,"featured_media":345772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[24095,14392,49892,43498,7037,2364,15376],"class_list":["post-345771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-airasia","tag-avoids","tag-caap","tag-obligations","tag-pays","tag-philippines","tag-shutdown"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/345771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=345771"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/345771\/revisions"}],"predecessor-version":[{"id":345774,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/345771\/revisions\/345774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/345772"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=345771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=345771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=345771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}