MacroAsia Corporation (MAC) is engaged primarily in aviation-related businesses. It provides aircraft maintenance, repairs and overhaul services, charter flight services, airport ground handling services and in-flight catering services, and operates a special economic zone at the Ninoy Aquino International Airport. The Company has four operating subsidiaries: MacroAsia Eurest Catering Services, Inc. (MECS) (in-flight catering services); MacroAsia-Menzies Airport Services Corporation (MASCORP) (ground handling and aviation services); MacroAsia Air Taxi Services, Inc. (MAATS) (helicopter chartering), and MacroAsia Properties Development Corporation (MAPDC) (economic zone development/operation). On June 28, 2006, MAC acquired the 13% minority interest of Compass Group International B.V. in MECS, increasing the Company’s ownership in MECS from 67% to 80%. During the year ended December 31, 2006, the Company acquired MASCORP’s 100% ownership in Airport Specialists' Services Corporation.
Company Profile
MacroAsia Corporation is recognized among the Philippines’ leading holding companies. It traces its beginnings to the Infanta Mineral and Industrial Corporation. Though the company was incorporated in 1970 to engage in geological exploration and development and still has subsisting mining rights and claims, the mining company of old has evolved to become a holding company in 1994. Since 1995, this holding company has been known as MacroAsia Corporation. MacroAsia Corporation, through its subsidiaries and affiliates, is presently engaged in aviation – support businesses at the Ninoy Aquino International Airport (NAIA), Manila Domestic Airport and the General Aviation Areas in Manila and in Cebu as well. It provides in-flight catering, ground handling for passenger and cargo aircraft, and helicopter charter flight services. It is the sole operator and developer of a special economic zone within the NAIA airport. Through its affiliate – Lufthansa Technik Philippines, it is the only MRO (Maintenance, Repair and Overhaul) facility in the Philippines that provides globally competitive heavy maintenance and engineering services for specific models of Airbus and Boeing aircraft for airline clients all over the world.
With the recent developments on the Philippine mining regulations, it is reviving its mining business, like the rest of the other mining companies that lay dormant due to the then prevailing conditions in the Philippines.
Our Mission
MacroAsia Corporation – a holding company with diverse business portfolio in aviation support and logistic services, will achieve leadership position in the market it serves by being passionate with and driven by the values and goals that are aligned with the objectives of its shareholders.
Such passion and drive shall be anchored on a committed team of professionals who shall embody a strong stakeholder – focus, integrity, strategic thinking, empowering leadership, continual development, and commitment to national growth and responsibility.
We shall achieve our mission to increase shareholder value, ensure long – term profitability, develop world – class competencies, provide career opportunities, and create synergies as we build mutually beneficial partnerships, alliances or joint ventures with those who share our philosophy and values.
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Our Vision
Within the first decade of the 21st century, to be the globally competitive aviation support and logistics service provider in the Philippines, with a full range of aviation support and logistics products for which we shall be acknowledged by our clients and other stakeholders for excellent customer service, pioneering technology, integrity, value-for-money, and social responsibility, all made possible by self-driven, smart and world-class people.
Our Motto
We will passionately pursue our vision with: EFFICIENCY, STRATEGIC FOCUS & CHARACTER that models a world-class people.
Lufthansa Technik Philippines, Inc. (LTP)Lufthansa Technik Philippines, Inc. (LTP) is an undertaking between MacroAsia Corporation and Lufthansa Technik AG of Germany with a 49% and 51% share on equity, respectively. LTP is the only company that offers a very comprehensive range of aircraft maintenance, repairs, and overhaul (MRO) services at the Ninoy Aquino International Airport (NAIA) in Manila and the Mactan-Cebu International Airport. LTP started its operations in the year 2000 and since then has been operating and servicing various customers. Management
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