PH, Germany ink Clark airport MRO facility lease agreement
MANILA, Philippines — The Philippines and Germany on Tuesday signed a lease agreement for the use and development of a 157,000-square-meter maintenance, repair, and overhaul (MRO) facility at Clark International Airport. The agreement involves the Bases Conversion and Development Authority (BCDA), Luzon International Premiere Airport Development Corporation, and aircraft maintenance provider Lufthansa Technik Philippines (LTP). READ: German President Steinmeier set for June 15-17 PH visit It was formalized by BCDA President and chief executive officer Joshua Bingcang and Lufthansa Technik Philippines President and CEO Holger Beck and witnessed by President Ferdinand Marcos Jr. and German President Frank-Walter Steinmeier. Lufthansa is Germany’s […]...Keep on reading: PH, Germany ink Clark airport MRO facility lease agreement