+ Follow ROMY SAULER AND ANTONIO JOSUE Tag
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[ArticleID] => 144492
[Title] => Constitutionality of Piatco contract questioned
[Summary] => The Philippine Airlines Employees Association (PALEA) will ask Malacañang and Congress to investigate reports that majority of the Philippine International Air Terminals Co. Inc. (PIATCO), operator of the Ninoy Aquino International Airport (NAIA) Terminal 3, is now controlled by the German firm Fraport AG.
Romy Sauler and Antonio Josue, PALEA officials said if published reports from Germany are true that Fraport controls 70 percent of PIATCO, "then there could be a violation of the Constitution, particularly on the 60 percent foreign ownership rule."
[DatePublished] => 2001-12-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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ROMY SAULER AND ANTONIO JOSUE
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 144492
[Title] => Constitutionality of Piatco contract questioned
[Summary] => The Philippine Airlines Employees Association (PALEA) will ask Malacañang and Congress to investigate reports that majority of the Philippine International Air Terminals Co. Inc. (PIATCO), operator of the Ninoy Aquino International Airport (NAIA) Terminal 3, is now controlled by the German firm Fraport AG.
Romy Sauler and Antonio Josue, PALEA officials said if published reports from Germany are true that Fraport controls 70 percent of PIATCO, "then there could be a violation of the Constitution, particularly on the 60 percent foreign ownership rule."
[DatePublished] => 2001-12-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
December 22, 2001 - 12:00am