MacroAsia Corp. is optimistic about the growth outlook for its ground handling and catering businesses this year.
MacroAsia said in a disclosure to the Philippine Stock Exchange it expected a substantive business growth for its catering and ground handling companies this month, as the client portfolio, equipment and facilities of these companies continued to expand.
MacroAsia Airport Services Corp, a 100-percent MacroAsia subsidiary, expects a 196-percent increase in flight handling activities for Philippine Airlines, compared to the services it has been rendering to PAL in 2018.
“Though MacroAsia has already been servicing PAL and PALEx in previous years, these airlines have been using other providers in the Philippines for some segments of their requirements,” the company said.
MacroAsia has been designated as the preferred ground handler for PAL and PALEx in Manila and Mactan, Cebu, involving activities related to passenger services, ramp handling, cargo and others.
Aside from PAL, MacroAsia handles an array of foreign airlines, and is the only ground handling company with presence in 32 airport stations in the country.
MacroAsia added it was studying an overseas expansion plan, as many of its specialist ground handling staff were being requested for services in some airports in Asia that were in dire need of foreign airport workers.
MacroAsia Catering Services, a joint venture of MacroAsia and with SATS of Singapore, is also expanding in two locations.
MACS runs a production facility inside the Ninoy Aquino International Airport, supplying meals as the preferred caterer to over 18 foreign carriers and three major foreign airline lounges in all three terminals of NAIA.
MACS also provides the food at PAL’s domestic and international Mabuhay Lounge in Terminal 2 at NAIA. The company produces meal quantities ranging from 16,000 to 21,000 meals per day, depending on passenger traffic season.
The company said it was poised to start production activities in a new commissary built in Muntinlupa City.
“This new commissary which is located in a MacroAsia-owned property is capable of producing 25,000 meals per day, and is run by a subsidiary called MacroAsia SATS Food Industries,” it said.