Rise in passenger volume pushed MIAA earnings to record high in 2018

The state-run operator of Manila's Ninoy Aquino International Airport (Naia), the country's busiest air gateway, posted record earnings in 2018 as passenger volume increased.   The Manila International Airport Authority (Miaa) said it remitted P3.42 billion in dividends--- equivalent to half of its annual income--- to the national government in 2018.   This was said to be the highest in Miaa's history, exceeding by over half its 2017 payment.   Miaa is mandated to remit at least 50 percent of its annual income to the national government after it was granted fiscal autonomy during the term of former President Corazon C. Aquino.   As noted, the i...Keep on reading: Rise in passenger volume pushed MIAA earnings to record high in 2018

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