MacroAsia Corporation, an airline services firm controlled by taipan Lucio Tan, reported that record revenues led to a 132 percent surge in consolidated net income of P1.07 billion in 2023, more than double the P461.43 million earned in 2022. In a disclosure to the Philippine Stock Exchange (PSE),...
MacroAsia Corporation (MAC), the aviation-support unit of tycoon Lucio Tan, reported a 172 percent boost in its net income for the first nine months of 2023 to P746 million from P274 million last year as its associate’s businesses continue to grow. In a disclosure to the Philippine Stock Exchange...
Lucio Tan’s aviation services unit MacroAsia Corporation reported that its consolidated net income soared 667 percent to P382.2 million for the first half of 2023 from the P49.8 million earned the same period in 2022 on the back of revenge travel. In a disclosure to the Philippine Stock Exchange,...
MacroAsia Corporation, the airline logistics unit of the Lucio Tan Group, has signed a Strategic Cooperation Agreement with Weihai Guangtai Airport Equipment Co. Ltd. which includes the supply of P120 million worth of ground support equipment. In a disclosure to the Philippine Stock Exchange,...
The local government of Cavite has cancelled its award of the $10 Billion Sangley International Airport (SIA) project to the consortium of tycoon Lucio Tan's MacroAsia Corp. and China Communications Construction Co. (CCCC), which the US blacklisted for militarizing islands in the West Philippine...