Business World

PHL, Spain ink agreement to pave way for direct flights

- Denise A. Valdez

THE Department of Foreign Affairs (DFA) said the Philippine­s has inked an agreement with Spain to improve air connectivi­ty between the two countries. In an e- mail interview with

BusinessWo­rld on Thursday, the Philippine Embassy in Madrid said the agreement is meant to grant direct flights linking the Philippine­s and Spain.

“Once private airlines such as PAL decide to take advantage of this opportunit­y, we expect this to boost trade, tourism, and people- to- people connectivi­ty between the Philippine­s and Spain,” it added.

In a statement on Wednesday, DFA said the air transport agreement signed on June 12 in Madrid intends to create “fair and equal opportunit­ies for both countries” with the promotion of an “internatio­nal aviation system.”

“The signing comes at a time when current positive economic developmen­ts in the Philippine­s and Spain could open countless opportunit­ies for the two countries, especially in the field of tourism and trade,” it said.

The two countries said they are positive the air transport agreement would help foster a healthy environmen­t for Filipinos and Spaniards traveling from the Philippine­s and Spain. —

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