San Miguel-led New NAIA Infra Corp. (NNIC) on Thursday said it has remitted P78 billion to the government as of mid-August 2026, representing payments under its concession deal following its takeover of the Ninoy Aquino International Airport (NAIA) in September 2024.
NNIC said the remittance are payments under the NAIA public private partnership (PPP) as of August 15, 2026.
Under its concession agreement for the NAIA PPP, the government receives a P30-billion upfront payment, a fixed P2-billion annual payment and 82.16% of gross airport revenues covered by the revenue sharing arrangement.
NNIC said it spent P6.8 billion on the rehabilitation and modernization of NAIA since it took over the operations of the main gateway last September 14, 2024.
The NAIA operator said the P6.8-billion spent so far covers completed and ongoing repairs, rehabilitation, replacement of aging equipment, passenger processing systems and capacity improvements, and forms part of a broader multi-year modernization program.
“This is what the concession was designed to do: generate substantial and continuing revenues for government that can help support public services and infrastructure, while bringing in private sector resources to improve the airport,” said NNIC president Ramon Ang.
“We have made significant progress in less than two years, but there is still a lot more work ahead. Our investments will continue as we modernize NAIA while keeping the airport fully operational,” said Ang.
Since its takeover, NNIC said it has expanded and reconfigured terminal curbsides, including the expansion at Terminal 2 that added eight vehicle lanes.
At Terminal 1, the airport operator said Curbs C and D at the arrivals extension area have also been opened, providing additional space for passenger pick ups and helping ease vehicle congestion at the terminal.
Moreover, it said work is now underway on a Ground Transportation Center at Terminal 3 as part of a broader effort to consolidate and better organize transport services around the airport’s busiest terminal.
Parking at Terminals 1, 2 and 3 has been automated, while NNIC has deployed more than 2,500 new baggage trolleys, 11,820 passenger seats and 20 new inter terminal shuttle buses.
NNIC said airport Wi-Fi capacity has been upgraded, alongside rehabilitation of power and air conditioning systems, elevators, escalators, walkalators, restrooms and other aging facilities.
Baggage handling systems have also been upgraded, it said.
Beyond the terminals, NNIC said it has carried out flood mitigation work around NAIA, clearing nearby waterways and drainage systems to improve water flow and reduce flood risk.
The NAIA operator added that way-finding across the airport is being progressively upgraded, with older directional signs being replaced by more modern signage that is easier for passengers to follow.
The company said flight Information Display Systems (FIDS) have also been upgraded and expanded across the terminals, giving passengers better access to real time flight information.
NNIC said it has ordered new passenger boarding bridges as part of the replacement and rehabilitation of aging airport equipment. Installation is being carried out in phases while the terminals remain in operation.
At Terminal 2, a new North Wing Bus Gate is scheduled to open in mid September, expanding the terminal’s ability to handle flights at remote aircraft stands and improving the use of available gate capacity, it said.
NNIC said a total of 517 biometric enabled passenger processing units have been deployed across the terminals for check in, security and boarding.
Self check-in kiosks, automated pre security gates and self boarding gates are already being used by a growing number of airlines.
NNIC said it also funded 78 new biometric Immigration e gates at Terminals 1 and 3, which are operated by the Bureau of Immigration.
The company said e-gates can process eligible travelers in about 20 seconds, helping increase processing capacity during peak periods. (GMA News)
