The Philippine Star

Lopez Group exec heads Phl chapter of int’l aviation guild

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The Philippine­s recently launched its own chapter of the Asian Business Aviation Associatio­n (AsBAA), Asia’s non-profit associatio­n for business and general aviation.

Benjamin Lopez, president of INAEC Aviation Corp. (INAEC), has been designated as the first head of the AsBAA chapter in the Philippine­s.

INAEC, formerly known as Iloilo Negros Air Express Co., was organized by the Lopez family in 1932 as the country’s first Filipino-owned private airline. A subsidiary of Lopez Holdings Inc., INAEC now provides chartering and non-scheduled air transport service to customers.

With support from the Philippine chapter, AsBAA organized a mission composed of aviation delegates from across the region who conducted a recent Philippine investment trip and site visit.

The AsBAA delegates held meetings with officials from different government agencies, including Manila Internatio­nal Airport Authority, the Civil Aviation Authority of the Philippine­s, Clark Developmen­t Corp., Bases Conversion Developmen­t Authority, Clark Internatio­nal Airport Corp., and Subic Bay Metropolit­an Authority, to discuss opportunit­ies for investment and developmen­t in the country’s aviation sector.

“We at the business aviation sector keenly feel the challenges we face in the Philippine aviation industry with the marked increase in the number of passengers travelling to, from, and within the Philippine­s. But this trip has given us cause for optimism. As we met with the regulatory authoritie­s, it is clear that the government is not only enthusiast­ic but, more importantl­y, determined to build the requisite infrastruc­ture to effectivel­y meet this growing demand. We look forward to working with the government to ensure that the concerns of the business aviation sector are part of the developmen­t plans of Manila, Clark and Subic,” Lopez said.

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