Friday, April 17, 2020

Extend rental holidays, deferment of rental payments

Wazzup Pilipinas!

Tugade instructs airport authorities to extend rental holidays, deferment of rental payments for airport concessionaire

Due to the implemented extension of the enhanced community quarantine (ECQ) throughout Luzon, Department of Transportation (DOTr) Secretary Arthur Tugade has directed airport authorities to extend, until end of April, the implementation of rental holidays, and the deferment of the collection of rental fees for airport concessionaires until the end of May 2020.

This directive was made during a teleconference meeting between the transportation chief and aviation and airports sector officials of the DOTr on 15 April 2020.

“Nag-issue ako ng instruksyon na dahil nag-extend ng [enhanced community] quarantine, ie-extend po namin ang rental holiday hanggang end of April. Kasama rin dito ang rental [charges] deferment," Sec. Tugade announced in a radio interview, Wednesday.

The directive, which was immediately executory, aims to cushion the economic impact of the coronavirus disease 2019 (COVID-19) on the country's aviation industry, and its stakeholders.

"As our aviation and airports sector has been hardly-hit by this COVID-19 pandemic, following the decreasing number of passengers, and flights -- this extension of rental holidays, and deferment of rental charges would ease the burden of paying fees for our airport concessionaires," Secretary Tugade said.

The order covers all concessionaires that are renting/leasing spaces in the terminals of airports under the jurisdiction of Civil Aviation Authority of the Philippines (CAAP), Manila International Airport Authority (MIAA), Mactan-Cebu International Airport Authority (MCIAA), and Clark International Airport Corporation (CIAC).

With the extension, airport concessionaires’ lease/rental payment for the entire month of May will be deferred and they shall begin paying their duties by June 2020.

About "" is the fastest growing and most awarded blog and social media community that has transcended beyond online media. It has successfully collaborated with all forms of media namely print, radio and television making it the most diverse multimedia organization. The numerous collaborations with hundreds of brands and organizations as online media partner and brand ambassador makes a truly successful advocate of everything about the Philippines, and even more since its support extends further to even international organizations including startups and SMEs that have made our country their second home.

1 comment:

  1. A Riyadh cleaning company provides a general cleaning benefit in response to the will of a large number of clients. It is known that there are a large number of housewives who do not have the ability to sterilize their house or place themselves on their own, just as the female cleaning does not obtain the required result in cleaning At the hands of classic methods, which is why we facilitate all this and offer a comprehensive cleaning company by our Riyadh cleaning company in the shortest time, with the lowest burden and with the lowest price.
    شركة تنظيف بالرياض
    شركة مكافحة حشرات بالرياض
    شركة نقل اثاث بالرياض


Note: Only a member of this blog may post a comment.

Top ib essay writing service by with 200 experts. - term paper writing service every student can afford
Copyright © 2013 Wazzup Pilipinas News and Events
Design by FBTemplates | BTT