Clock ticking for cash-strapped Air Asia PH: CAAP gives Tony Fernandes until June 6 to pay up

BILYONARYO.COM

Clock ticking for cash-strapped Air Asia PH: CAAP gives Tony Fernandes until June 6 to pay up

BILYONARYO.COM

By Bilyonaryo staff

The Civil Aviation Authority of the Philippines (CAAP) has set a June 6, 2026 deadline for AirAsia Philippines to settle its outstanding financial obligations.

The deadline follows an extended period of negotiations between the state aviation regulator and the budget carrier.

“The Authority and the airline have been in discussion on this matter since last year,” CAAP said, indicating that both sides have been working toward a resolution for several months.

For now, travelers face no immediate disruptions. CAAP confirmed that “airline operations across all CAAP-operated airports remain normal and uninterrupted” as discussions continue.

However, the regulator underscored the importance of reaching a settlement promptly to avoid potential disruptions to regional travel and commerce.

“Any interruption in airline operations carries significant consequences, including economic impacts, potential employment displacement and disruption to passenger and cargo services,” CAAP said. “Accordingly, the settlement of the obligations remains the most practical and preferred course of action.”

The agency added that its ongoing coordination with the airline is aimed at ensuring full regulatory compliance and the orderly conduct of airport and aviation operations.

Reaffirming its commitment to aviation safety and stable airport operations, CAAP said it would continue engaging constructively with stakeholders as discussions with the airline proceed.

CAAP records show AirAsia owes P271.94 million in air navigation, landing, parking and passenger service charges accumulated from 2021 through May 2026. The amount excludes pending penalties and interest.

Bilyonaryo.com first reported that CAAP had ordered AirAsia to stop operating within three days of receiving its cease-and-desist order due to the airline’s “continued failure to pay outstanding obligations despite repeated collection efforts.”—Bilyonaryo.com

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Philippines grounds AirAsia operations over P270M in unpaid airport fees

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