Wednesday, July 11, 2018

GMR sans SkyTrax rating disqualified for Philippines airport

Hyderabad: GMR group, which is looking to bid for operations and Maintenance contract of Clark International Airport in the Philippines has been disqualified as it does not have required ranking by SkyTrax, aninternational air transport rating organisation.

GMR along with its Philippines partner Megawide Construction Corporation won the EPC contract for the Clark Airport.

"We also confirm that Megawide's partner, GMR, is not qualified because of the Skytrax requirement. Megawide is not currently looking for a new partner for the operation and management of Clark International Airport.

However, several operators have approached Megawide for a possible partnership,"Megawide said in a regulatory filing.
11/07/18 Outlook