To survive, aviation industry needs P8.6 billion per month in gov't subsidy

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

WATCH: To survive, aviation industry needs P8.6 billion per month in gov't subsidy Air Carriers Association of the Philippines vice chairman Roberto Lim provides a breakdown of how much local carriers need to survive Full story:

HARD HIT. NAIA resumes operations on May 11, 2020. File photo by Angie de Silva/Rappler

At the Senate hearing on the resumption of mass transportation, Air Carriers Association of the Philippines vice chairman Roberto Lim said that the industry needs to be able to fly back again to sustain the industry. Lim said the industry is"ready." But Senate President Pro-Tempore Ralph Recto disagreed that the aviation industry will be able to come back up anytime soon."We know that's not gonna happen. We're not gonna go back to the 'old normal.'"

In terms of support, Lim said that they need some P8.6 billion per month to sustain the employees and the industry:P500 million for payment to aviation authorities

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Are you stupid? Or nabayaran? Government subsidy? Wala ngang pang mass testing..

Canada Canada Latest News, Canada Canada Headlines