MacroAsia Corporation
   HOME

TheInfoList



OR:

MacroAsia Corporation is a leading provider of aviation-related support services in the Philippines. Its major business segments derive income from aircraft maintenance, repair and overhaul (MRO), food services (airline and institutional catering), gateway services (ground handling), property development and leases (ecozone operations) and water concessions/utility. As of March 2019, it is the country's largest provider of aviation support services.


History

The company began in 1970 as Infanta Mineral and Development Corporation, shipping out nickel ore. In 1995, the company renamed as MacroAsia Corporation, moving from mining to aviation support services. In the same year Benjamin M. Bitanga sold the company to
Lucio Tan Lucio Chua Tan Sr. (; born July 17, 1934) is a Filipino business magnate, investor, and philanthropist. He presides over the Filipino conglomerate company LT Group, Inc., a company with extensive business interests in sports, banking, airline ...
. In 1996, the MacroAsia Catering Services Corporation (MACS) was established. In 1999, the MacroAsia Airport Services Corporation (MASCORP) was established. In 2000, with the joint venture of
Lufthansa Technik Lufthansa Technik AG ('Lufthansa Engineering', often referred to simply as “LHT”) provides worldwide maintenance, repair, and overhaul (MRO) services for aircraft, engines, and components. It is a subsidiary of the Lufthansa Group. Headquarte ...
, the Lufthansa Technik Philippines was established with 49% ownership. In 2016, MacroAsia ventured to water distribution and treatment in
Boracay Boracay (; often locally shortened to Bora) is a resort island in the Western Visayas region of the Philippines, located off the northwest coast of Panay. It has a total land area of , under the jurisdiction of three barangays in Malay, Ak ...
,
Nueva Vizcaya Nueva Vizcaya, officially the Province of Nueva Vizcaya ( ilo, Probinsia ti Nueva Vizcaya; gad, Probinsia na Nueva Vizcaya; Pangasinan: ''Luyag/Probinsia na Nueva Vizcaya''; tl, Lalawigan ng Nueva Vizcaya ), is a landlocked province in the ...
, and
Cavite Cavite, officially the Province of Cavite ( tl, Lalawigan ng Kabite; Chavacano: ''Provincia de Cavite''), is a province in the Philippines located in the Calabarzon region in Luzon. Located on the southern shores of Manila Bay and southwest ...
. In March 2019, the MacroAsia serviced the
Philippine Airlines Philippine Airlines (PAL), a trade name of PAL Holdings, Inc. (Philippine Stock Exchange, PSEPAL (Philippine Air Lines until 1970), is the flag carrier airline of the Philippines. Headquartered at the Philippine National Bank, PNB Financial Cen ...
and
PAL Express Air Philippines Corporation, operating as PAL Express and formerly branded as Air Philippines and Airphil Express, is a wholly owned subsidiary airline of Philippine Airlines which is under its ownership. It is PAL's regional brand, with servic ...
100%, making it one of the largest aviation support services in the country.


Attached companies

* Lufthansa Technik Philippines (LTP) - 51% ownership of
Lufthansa Technik Lufthansa Technik AG ('Lufthansa Engineering', often referred to simply as “LHT”) provides worldwide maintenance, repair, and overhaul (MRO) services for aircraft, engines, and components. It is a subsidiary of the Lufthansa Group. Headquarte ...
, 49% ownership of MacroAsia Corporation. It is a globally competitive company offering aircraft and engine maintenance, repair, and overhaul, with airline clients from almost all parts of the world including
Philippine Airlines Philippine Airlines (PAL), a trade name of PAL Holdings, Inc. (Philippine Stock Exchange, PSEPAL (Philippine Air Lines until 1970), is the flag carrier airline of the Philippines. Headquartered at the Philippine National Bank, PNB Financial Cen ...
. * MacroAsia Catering Services, Inc. (MACS) - 67% ownership of MacroAsia Corporation, 33% ownership of SATS Ltd. It is a majority-owned subsidiary that operates its own kitchen in NAIA. It offers catering to the majority of international airline clients that fly to Manila. ** MacroAsia SATS Inflight Catering Services Corporation (MSIS) - It offers catering services of
Philippine Airlines Philippine Airlines (PAL), a trade name of PAL Holdings, Inc. (Philippine Stock Exchange, PSEPAL (Philippine Air Lines until 1970), is the flag carrier airline of the Philippines. Headquartered at the Philippine National Bank, PNB Financial Cen ...
and
PAL Express Air Philippines Corporation, operating as PAL Express and formerly branded as Air Philippines and Airphil Express, is a wholly owned subsidiary airline of Philippine Airlines which is under its ownership. It is PAL's regional brand, with servic ...
. ** MacroAsia SATS Food Industries Corporation (MSFI) - It offers catering for institutional clients outside airport such as bank, BPO, and casinos. * MacroAsia Airport Services Corporation - 80% ownership of MacroAsia Corporation, 20% ownership of Konoike Transport Co. It provides gateway services that includes various ground handling activities such as passenger check-in services, ramp handling, baggage and cargo handling. * Cebu Pacific Catering Services - 40% ownership of MacroAsia Corporation, 40% ownership of Cathay Pacific, 20% MGO Pacific Resources. The only catering service in Mactan-Cebu International Airport (MCIA). * MacroAsia Properties Development Corporation (MAPDC) - a developer/operator of the sole Special Economic Zone at the NAIA and Mactan-Cebu International Airport (MCIA) ** Boracay Tubi System Inc. - a water concessioner in Boracay ** Naic Water Supply Corporation - a water concessioner in Naic, Cavite ** SNV Resources Development Corporation - a water concessioner in Solano, Nueva Vizcaya * MacroAsia Air Taxi Services, Inc. (MAATS) - a fixed-base operations (FBO) service provider of auxiliary service support of executive jets and permitting requirements of fixed-wing aircraft operators with no commercial presence in the Philippines * First Aviation Academy Inc. (FAA) - 51% ownership of MacroAsia Corporation, 49% ownership of PTC. A pilot training school and skills assessment center for aviation professionals. * MacroAsia Mining Corporation (MMC) - mining exploration service that specializes in nickel ore


References


External links

*
Lufthansa Technik Philippines website

MacroAsia Catering Services website

MacroAsia Airport Services Corporation website
{{LT Group Aerospace companies of the Philippines Manufacturing companies established in 1970 Philippine companies established in 1970