In the realm of aviation infrastructure, the modernization of airports is a pivotal aspect that not only enhances travel efficiency but also stimulates local economies. Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, is poised to undertake a significant transformation at Laguindingan International Airport (LIA). This blog post explores the comprehensive plans that AIC has laid out for the phased handover and modernization of LIA, emphasizing its long-term vision for both the airport and the surrounding region.
A Vision for the Future: The Phased Handover Process
The phased handover of facilities, buildings, and land at Laguindingan International Airport signifies a crucial step in AIC's strategic objectives. As AIC prepares for its official takeover in April 2025, it coordinates with the Civil Aviation Authority of the Philippines (CAAP) to ensure a smooth transition. This meticulous approach aims to minimize operational disruptions while maintaining continuity for travelers and local stakeholders.
AIC President and Chief Executive Officer Cosette V. Canilao emphasizes the commitment to an efficient transition process. โWe are committed to delivering an efficient and well-managed transition process that paves the way for the modernization of Laguindingan International Airport,โ she stated. Indeed, this commitment reflects AICโs dedication to enhancing the airportโs infrastructure and services, thereby meeting the growing demands of both travelers and businesses alike.
AICโs long-term vision extends beyond mere modernization; it aims to position Laguindingan International Airport as a vital gateway for Mindanao's socio-economic growth. By reinforcing its role as the sixth-busiest airport in the Philippines, AIC is not only uplifting the travel experience but also serving as a catalyst for local residents' improved livelihoods. This initiative resonates with the broader goal of AIC to drive economic progress and connectivity across Mindanao, thereby enhancing the quality of life for its inhabitants.
Comprehensive Development Plans: Engaging Stakeholders for Progress
AIC's ambitious plans for Laguindingan International Airport encompass a range of developmental initiatives that prioritize passenger experience and operational efficiency. The airport's current facilities, which include a 7,184-square meter passenger terminal and a 350-square meter cargo terminal, are set to undergo significant renovations and expansions. These improvements will include the installation of modern equipment and the enhancement of airside and landside facilities.
To ensure the success of these initiatives, AIC is actively engaging local stakeholders, including government agencies and community members. By facilitating open communication and collaboration, AIC seeks to create a development framework that benefits not only the airport but also the surrounding areas and the province of Misamis Oriental. This strategic planning underscores AICโs commitment to fostering a harmonious relationship with the local community, ensuring that the modernization of the airport aligns with the region's socio-economic aspirations.
Moreover, the phased expansion plans aim to increase LIA's design capacity significantly. The first phase of development is projected to boost capacity from 1.6 million passengers per annum (mppa) to 3.9 mppa, with a subsequent phase targeting an increase to 6.3 mppa, depending on traffic demand. Such enhancements will not only accommodate growing passenger volumes but also elevate safety and security standards at the airport, solidifying its status as a world-class travel hub.
A Benchmark for Excellence: AIC's Track Record in Airport Management
Aboitiz InfraCapital, Inc. brings a wealth of experience to the table, particularly through its successful management of the award-winning Mactan-Cebu International Airport (MCIA). This airport has set new benchmarks for operational excellence in the Philippines, earning a prestigious 4-star rating from the globally recognized aviation consultancy Skytrax for its Terminal 2. AIC's expertise in optimizing airport operations positions it uniquely to replicate this success at Laguindingan International Airport.
The lessons learned from MCIA serve as a valuable foundation for AIC as it embarks on the modernization journey at LIA. By leveraging cutting-edge technology and innovative practices, AIC aims to create an airport environment that meets international standards while embodying the warmth and hospitality that the Philippines is known for. The commitment to delivering an exceptional Filipino brand of service is a testament to AICโs dedication to elevating Philippine aviation standards.
Furthermore, AIC's strategic vision extends beyond Laguindingan International Airport. The company is also preparing to manage the concession for upgrading, operating, and maintaining Bohol-Panglao International Airport, which is scheduled for takeover in June 2025. With a proposed P4.53 billion project on the horizon, AIC aims to enhance the passenger terminal and modernize essential facilities at this ninth-busiest gateway in the country. This aligns with AICโs broader strategy of developing and managing infrastructure assets that facilitate seamless connectivity throughout the Philippines.
A New Era for Laguindingan International Airport
As Aboitiz InfraCapital, Inc. prepares for its official takeover of Laguindingan International Airport in April 2025, the phased handover and subsequent modernization efforts mark a transformative period for both the airport and the surrounding communities. By focusing on enhancing infrastructure, engaging stakeholders, and leveraging its extensive experience in airport management, AIC is set to create a world-class gateway that fosters economic progress and connectivity for Mindanao.
With the commitment to uplifting local residents' lives and delivering exceptional service, AIC's vision for LIA aligns with the broader aspirations of the Philippines' aviation sector. As we anticipate the unveiling of these transformative changes, it is clear that the future of Laguindingan International Airport is brightโa promising chapter that holds the potential to elevate the region and enhance the travel experience for generations to come. Through strategic planning and unwavering dedication, AIC is not merely modernizing an airport; it is paving the way for a new era of connectivity, growth, and opportunity in Mindanao.