The Department of Transportation (DOTr) is mapping out contingency measures to help the troubled Philippine aviation sector affected by global travel restrictions due to the coronavirus disease (COVID-19).
DOTr said it is ready for a worst-case scenario of stoppage of airline operations and closure of airports, with aviation sector officials having already conducted a scenario analysis.
DOTr has instructed the Civil Aviation Authority of the Philippines and the Manila International Airport Authority to extend “rental holidays” to airport concessionaires for one month and to defer rental charges on the succeeding month to cushion the economic impact of COVID-19 on the country’s aviation industry and its stakeholders.
The rental holiday and deferral of rental charges are subject to regular monthly review and may be extended further.
