The aviation sector would need a total of P8.6 billion in monthly subsidy from the government to sustain the industry in the wake of the COVID19 pandemic. | CMRamosINQ
“In terms of the other support, we pay about 500 million pesos to the civil aviation authorities monthly. This would consist of navigation charges, landing take-off ,” he said.“The total of that would be P8.6 billion per month,” he added.could lose about $4.9 billion, or approximately P250 billion, until the end of the year due to the ongoing pandemic.
Air travel, among other means of transportation, has also been previously suspended since last March 17 when the government imposed an enhanced community quarantine over the entire Luzon and other areas.
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