Lipad Corporation takes over Clark airport operations

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Lipad Corporation takes over Clark airport operations
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Lipad Corporation CEO Bu Yong Chungunco says they are 'excited' to develop Clark International Airport as the region's premier hub.

TURNOVER. Lipad Corporation Bi Yong Chungunco and DOTr Secretary Arthur Tugade during the turnover ceremony on August 16, 2019. Photo courtesy of DOTr

MANILA, Philippines – The Luzon International Premiere Airport Development Corporation is now in charge of the operations and maintenance of the Clark International Airport. Lipad Corporation president and CEO Bi Yong Chungunco attended the turnover ceremony led by Transporation Secretary Arthur Tugade and Bases Conversion and Development Authority president and CEO Vivencio Dizon held at the Clark airport’s new Passenger Terminal Building on Friday, August 16.“We are truly excited today and for the many years to come for the role that Lipad Corporation will play in the development of the Clark International Airport as the region’s premier hub,” he said.

“We are equally excited to work on the new Passenger Terminal Building and revolutionize the travel experience of passengers, and visitors through fast, efficient, hassle-free service, and a new commercial experience. Most of all, we look forward to close collaboration with the DOTr and BCDA for the next 25 years,” he added.

Formerly known as the North Luzon Airport Consortium , Lipad Corporation is the consortium composed by the Filinvest Development Corporation, JG Summit Holdings Inc, Philippine Airport Ground Support Solutions Inc, and Changi Airports Philippines Pt. Ltd.

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