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 was renamed as MacroAsia Corporation, moving from mining to aviation support services. In the same year Benjamin M. Bitanga sold the company to Lucio Tan. 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") is a Germany-based company that provides maintenance, repair, and overhaul (MRO) services for aircraft, engines, and components. It is a subsidiary of the Lufthansa ...

, the Lufthansa Technik Philippines was established with 49% ownership. In 2016, MacroAsia ventured to water distribution and treatment in

Boracay Boracay (; sometimes shortened by non-natives as Bora) is a resort island in the Western Visayas region of the Philippines, located off the northwest coast of Panay, Panay Island. It has a total land area of , under the jurisdiction of thre ...

Nueva Vizcaya Nueva Vizcaya, officially the Province of Nueva Vizcaya (; ; Pangasinan: ''Luyag/Probinsia na Nueva Vizcaya''; ), is a landlocked province in the Philippines located in the Cagayan Valley region in Luzon. Its capital and largest town is Bayo ...

, and

Cavite Cavite, officially the Province of Cavite (; Chavacano: ''Provincia de Cavite''), is a Provinces of the Philippines, province of the Philippines located in the Calabarzon region. On the southern shores of Manila Bay and southwest of Manila, i ...

. In March 2019, the MacroAsia serviced the

Philippine Airlines Philippine Airlines (PAL) is the flag carrier of the Philippines. Headquartered at the Philippine National Bank, PNB Financial Center in Pasay, the airline was founded in 1941 and is the oldest operating commercial airline in Asia. Philippine ...

and PAL Express 100%, making it one of the largest aviation support services in the country.

Attached companies

* Lufthansa Technik Philippines (LTP) - 51% ownership of

, 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

. ** On March 12, 2024, Elmar Lutter, Lufthansa Technik Philippines President announced the

groundbreaking Groundbreaking, also known as cutting, sod-cutting, turning the first sod, turf-cutting, or a sod-turning ceremony, is a traditional ceremony in many cultures that celebrates the first day of construction for a building or other project. Such cer ...

project of the P8.4-billion ($150 million)

hangar A hangar is a building or structure designed to hold aircraft or spacecraft. Hangars are built of metal, wood, or concrete. The word ''hangar'' comes from Middle French ''hanghart'' ("enclosure near a house"), of Germanic origin, from Frankish ...

facility at

Clark International Airport Clark International Airport , known as Diosdado Macapagal International Airport from 2003 to 2014, is an international airport covering portions of the cities of Angeles and Mabalacat within the Clark Freeport and Special Economic Zone in ...

. Its planned second hangar was unveiled during the Philippine officials'

Berlin Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population withi ...

, Germany visit, led by President Ferdinand R. Marcos Jr and Alfredo E. Pascual. * 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

and PAL Express. ** MacroAsia SATS Food Industries Corporation (MSFI) - It offers catering for institutional clients outside airport such as bank, BPO, and casinos. * MacroAsia Airport Services Corporation (MASCorp)- 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 Cathay Pacific Airways Limited, or simply Cathay Pacific, is the flag carrier of Hong Kong, with its head office and main airline hub, hub located at Hong Kong International Airport. The airline's operations and its subsidiaries have schedule ...

, 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 LT Group subsidiaries Manufacturing companies established in 1970 Philippine companies established in 1970