Fernandes has steadfastly defended the company's finances and outlook and said the market was undervaluing AirAsia
MANILA: AirAsia expressed interest in expanding its services in the Philippines to include flights from Davao City to key cities in China, Korea and Malaysia, Department of Finance says in statement.
THe deparment had issued the statement on Monday citing results of meeting between Philippines Finance Secretary Carlos Dominguez and AirAsia Group CEO Tan Sri Tony Fernandes.
Fernandes said on Monday the lowering or scrapping of airport or departure tax in small airports will help realize airline’s expansion plans in Philippines.
Dominguez will look into possibility of airports selling or leasing gates to airlines at different rates depending on landing times, in lieu of imposing airport taxes. - Bloomberg
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