By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
MANILA, Philippines – Low-cost carrier AirAsia Philippines settled its outstanding obligations with the Civil Aviation Authority of the Philippines (Caap) averting a potential ban at government-run airports.
Caap said AirAsia Philippines paid its outstanding obligations on Thursday morning, although the settlement remains “subject to ongoing standard reconciliation processes.”
READ: CAAP gives AirAsia Philippines until June 6 to pay debts
“Caap acknowledges and appreciates the airline’s cooperation and its commitment to addressing its obligations through constructive engagement and coordination with the Authority,” it said in a statement.
