San Miguel-led NNIC remits ₱57 billion to state after just one year at NAIA

The New NAIA Infrastructure Corp. (NNIC) has turned over around ₱57 billion to the national government after just one year of managing the Ninoy Aquino International Airport (NAIA), according to company president and San Miguel Corp. CEO Ramon Ang, as reported by Inquirer.net.

Ang made the announcement during an inspection of the airport with Acting Transportation Secretary Giovanni Lopez ahead of Undas.

“Eighty-two percent of what is collected here goes to the government, not us,” Ang said in Filipino. “Why do we agree to such a small share of the earnings? Because we want to gain experience in running an airport. That’s it.”

He said the remittance covered the period from NNIC’s takeover on September 14, 2024, until October 20, 2025. “Not even a single chair did we purchase here. And yet we paid such a huge amount—do you see that?” he added.

Lopez pointed out that before NNIC’s privatization deal, the Manila International Airport Authority remitted only about ₱32 billion over nearly three decades.

“The total dividends we gave the government amounted to only about ₱32 billion in almost 30 years, compared with ₱57 billion in just one year,” Lopez said, describing the privatization as “the result of a fair, transparent, and well-studied competitive bidding process conducted by experts.”