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© 2011-2019. All Rights Reserved. MASCORP (MacroAsia Airport Services Corporation)

Strategic Service Partner

Lufthansa Technik Philippines, Inc, (LTP), a joint undertaking between MAC (49%) and Lufthansa Technik AG of Germany (51%), started commercial operations on September 1, 2000, and has since consistently generated local and export revenues as a locator at the MacroAsia Special Economic Zone in the Ninoy Aquino International Airport (NAIA).

LTP is a global aircraft maintenance, repair and overhaul (MRO) company that is putting the Philippines in the global aviation map by assuring safe and reliable airline operations to its worldwide customers through quality and cost-effective services that strictly adhere to international industry regulations and Lufthansa Technik standards. It is certified by 17 airworthiness organizations worldwide as a qualified provider of aircraft MRO services including the Civil Aviation Authority of the Philippines (CAAP), the United States’ Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA).

Now on its 10th year of service, LTP continues to have Philippine Airlines as its most important customer while expanding its global reach to include customers from six continents who entrust their Airbus A320, A330/A340 aircraft for the more complicated maintenance and overhaul checks. Currently totaling close to 30, these customers include Lufthansa German Airlines, Virgin Atlantic, Qantas Airways, AirAsia X, LAN Airlines, Vladivostok, Air Mauritius, Austrian Airlines, Kuwait Airways, Swiss International Air Lines, among others.

Aside from providing aircraft maintenance at the NAIA, LTP is also present in the international airports in Clark, Cebu, and Davao.

Its facility at the NAIA comprises five widebody and two narrowbody hangar bays covering an area of 26,000 m2 and various workshops measuring 27,000 m2, capable of servicing seven aircraft at a time.

 

MacroAsia Ecozone, Villamor Airbase
Pasay City 1300 Philippines
Tel. Nos. +63 2 855-2222
Fax Nos. +63 2 855-9392
www.lttp.com.ph

MacroAsia Catering Services, Inc (MACS) was incorporated on November 5, 1996, as a joint venture entity that would provide in-flight catering services to airlines at the NAIA and the Manila Domestic Airport. Following MacroAsia’s acquisition of the 13% shareholdings of Compass Group International in 2006, MAC increased its holdings in MACS and retained its partnership with Singapore Airport Terminal Services (SATS) with an equity sharing of 80% and 20%, respectively.

MACS’ kitchen facility measures about 6,500 m2 in a two-hectare lot being leased from the MIAA. It has a maximum kitchen capacity of approximately 10,000 meals a day.

MACS consistently complies with both local and international hygiene standards and environmental regulations. It is the only airline caterer in the Philippines that holds an ISO certification, in addition to HACCP and HALAL certificates conferred by independent and professional certifying organizations.

MACS currently provides in-flight catering services to more than half of the foreign airlines that fly to Manila. Its share of the NAIA’s foreign airlines’ catering market is about 60%. As such, MACS remains the dominant and preferred in-flight caterer of foreign airlines at the NAIA. MACS serves more than 2.5 million meals per annum, at an average production of about 7,000 meals a day. It services an average of 20 international flights a day.

 

ASIA Site, West Service Road Merville Exit,
NAIA, Pasay City 1300 Philippines
Tel. Nos. +63 2 8282011
Fax Nos. +63 2 8284717
www.macroasiacatering.com

In October of 1996, Cebu Pacific Catering Services, Inc (CPCS) started commercial operations at the Mactan Cebu International Airport (MCIA). It is the only full-service airline catering company operating at the MCIA today. CPCS is MAC’s first in-flight catering venture. MAC holds a 40% equity in this joint venture while partners – Cathay Pacific Catering Services of Hong Kong and MGO Pacific Resources Corporation hold 40% and 20% equities, respectively.

CPCS has a two-storey kitchen facility designed and developed by Cathay Pacific Catering Services HK. It occupies an area measuring 1,800 m2 and is situated within the PEZA ecozone adjacent to MCIA. The facility has a capacity to produce over 3,000 meals a day, and was averaging about 1,200 meals production per day in 2010.

CPCS services one major local airline – Philippine Airlines, aside from foreign airlines flying to Cebu, namely: Cathay Pacific Airways, Silk Air, Qatar Airways and Korean Air.

 

1st Avenue Extension, Block B6 MEZ
Lapu-Lapu City 6015 Philippines
Tel. Nos. +63 32 340-8858
Fax Nos. +63 32 340-5358

Incorporated on June 4, 1996, MacroAsia Properties Development Corporation (MAPDC) is a wholly-owned subsidiary of MAC engaged originally in the acquisition, development, and sale of real properties. Subsequent to the completion of its first real estate project in 1997, it redirected its endeavor on aviation-related support services.

After a brief respite, it resumed commercial operations on September 1, 2000, as a PEZA Developer/Operator of the MacroAsia Special Ecozone at the NAIA. MAPDC plays host to its associate, Lufthansa Technik Philippines, Inc. (LTP) as its anchor locator for the next 25 years. LTP was later joined by its affiliate, Lufthansa Technical Training Philippines (LTTP) as co-tenant in the area. LTTP provides technical training to LTP staff, to a staff of third party airlines and other aircraft MRO service providers.

MAPDC maintains a very lean staff since it out-sources most of its job requirements to local service providers. Its revenues come mostly from the administration of the ecozone.

 

Macroasia Special Econimic Zone
Villamor Airbase, Pasay City 1309, Philippines
Tel. Nos. +63 2 853-5201 Fax Nos. +63 2 853-5200

MacroAsia Air Taxi Services, Inc. (MAATS) was incorporated in June of 1996 as a licensed, non-scheduled domestic flight operator based at the General Aviation Area, Manila Domestic Airport.

It is duly licensed by the Civil Aeronautics Board (CAB) and holds a Carrier Operating Certificate issued by the Air Transportation Office (ATO). Both licenses are renewed on an annual basis.

MAATS provides helicopter chartering service from its base to any point within the Philippines, utilizing an Ecureuil AS350-B2, – a 5-passenger aircraft powered by a Turbomeca Arriel engine. It has a float kit reserved for emergency water landing requirements.

To ensure that quality and safety are not compromised, MAATS ensures that its aircraft receives year-round preventive maintenance in accordance with the manufacturer’s specifications. On the other hand, the pilot and mechanics undergo a year-round training program in order to keep abreast of the latest trends in operational safety and efficiency.</p>

 

Building 12, Inaec Hangar
Manila Domestic Airport,
Pasay City 1301 Philippines
Tel. Nos. +63 2 853-9723 Fax Nos. +63 2 853-6894

MacroAsia Airport Services Corporation (MASCORP) commenced operations at the NAIA on April 19, 1999, to provide aircraft ground handling resources for commercial passenger, cargo and military aircraft.

MASCORP was originally a joint venture between MAC and Ogden Aviation Philippines B.V. (formerly Ogden Water Systems of Muscat B.V.). In 2001, Menzies Aviation Group acquired Ogden Aviation Philippines B.V. Subsequently, on April 12, 2007, MASCORP became a wholly-owned subsidiary with MAC’s acquisition of the 30% share of Menzies Aviation Group when the latter divested its investments in the Philippines as part of its global strategy to refocus its attention to its major global ventures.

MASCORP has lived up to its vision of being the preferred ground handling and airport services company in the Ninoy Aquino International Airport. As a manifestation of this achievement, the company was given the highest recognition of SIA which is the Chief Executive Officer (Transforming Customer Service) Award given in elaborate rites on 27 May 2010 in Singapore. Also, it has maintained a stable and growing service partnership with Thai Airways, Korean Air, PAL Express, Air Philippines, Japan Airlines and China Airlines.

 

4/F Room 416, NAIA
Pasay City 1300 Philippines
Tel. Nos. +63 2 8795886
Fax Nos. +63 2 8795882
http://www.mascorp.ph

MacroAsia Corporation’s Nickel Mining Project

OVERVIEW

The Infanta Nickel Project of MacroAsia is located in the barangays of Ipilan, Maasin and Mambalot, Municipality of Brooke’s Point in southern Palawan. MacroAsia’s legal rights over the mineral property with an area of approximately 1,114 hectares is by virtue of a Mineral Production Sharing Agreement (MPSA) with the government. The nickel-rich mine area was operated in the 1970s that resulted in three shipments of laterite ore to Japan.

MacroAsia registered the Infanta Nickel Project with the Board of Investments in 2008 and was accorded the status of a New Producer of Beneficiated Nickel Ore on a non-pioneer status.

MacroAsia has completed an exploration report compliant to the Philippine Mineral Reporting Code (PMRC), based on exploration work that was pursued from August 2006 until December 2009. The Report of MacroAsia adheres to the new format of the PMRC, as approved by the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) which is intended to set the standards for the reporting of exploration results, mineral resources and ore reserves modeled on the JORC Code (2004) of Australia in conformity with global standards, such as the international codes of Australia, South Africa, European Union, and Canada.

The Report which covers the 7-phase exploration works of MacroAsia in its nickel-rich tenement was completed under the close supervision of Mr. Ramon A. L. Flores, a duly-accredited Competent Person on Exploration Results and Mineral Resource Estimation under the PMRC. Though not required, the Report was peer-reviewed by another PMRC Competent Person, Mr. Manuel M. Gamboa.

MINERAL RESOURCE BASE

The Report on Exploration Results and Mineral Resource Estimate of Macroasia’s Nickel Laterite deposit is based on 2,751 vertical drill holes with total meterage of 47,273.9 and 480 vertical test pits with aggregate depth of 2,568.2m, driven over 535.5 hectares (representing 48% of the MPSA area of 1,113.98 hectares). The exploration program resulted in the collection of 54,412 samples which were analyzed for nickel, iron, and 12 other elements/oxides.

Geostatistical modeling of the ore deposit involved the estimation of 152,671,288 mining blocks with 5m x 5m x 3m dimension. The laterite deposit consists of three ore types: limonite, earthy saprolite and rocky saprolite, with an average thickness of 6.07m, 4.46m, and 7.31m, respectively.

At 1% nickel cutoff grade, the PMRC based resource estimate is broken down into the following resources classes:

Resource Classification Tonnage and Average Grade

MEASURED 10,818,000 DMT @ 1.30% Ni

INDICATED 21,458,000 DMT @ 1.21% Ni

INFERRED 2,488,000 DMT @ 1.10% Ni

TOTAL RESOURCES 34,764,000 DMT @ 1.23% Ni

The Measured resource is supported by a sampling interval of 25m x 25m spacing, while the indicated resource is based on data acquired from samples at 50m x 50m spacing and inferred resource is based on samples obtained from 100m x 100m spacing.

At a contemplated mine production rate of 1 million tonnes per year, extraction of the Measured Reserves will last for 10 years. During this time, concurrent exploration activities are expected to upgrade the classifications of Indicated and Inferred Resource into Measured Reserves which will extend the productive life of the mine.

EXPLORATION ACTIVITY DURING THE YEAR

Exploration drilling was continued during the first three quarters of the year. In-fill drilling campaign at the 25-meter interval in priority areas using two drill rigs accomplished 390 holes with a total meterage of 8,017 yielding 8,091 samples.

PERMITS AND APPROVALS

Also during the year, MacroAsia Corporation obtained favorable endorsements from the Sangguniang Bayan (Municipal Council) of Brooke’s Point and Sangguniang Panlalawigan (Provincial Council) of Palawan which is among the vital supporting documents for MacroAsia’s application for a SEP Clearance with the Palawan Council for Sustainable Development (PCSD). The SEP Clearance application was approved by PCSD during its 173rd Regular Council Meeting on December 21, 2010. Issuance of the SEP Clearance, however, is still being awaited.

On September 9, 2010, another major approval – the Environmental Compliance Certificate (ECC) for MacroAsia’s Infanta Nickel Project was issued by the Department of Environment and Natural Resources (DENR). This allows MacroAsia to develop and operate a mine at a production rate of one million tonnes per annum.

The company is in the final stage of securing its Certificate of Precondition (CP) from the National Commission on Indigenous People (NCIP). This document signifies the formal granting of Free and Prior Informed Consent of the indigenous peoples within the host barangays as attested by the NCIP.

PROJECT TIMETABLE

The Infanta Nickel Project is actually the re-opening of an old mine that was operational in the 1970s. As such, a substantial portion of the road network to the mining area is already in place and has been maintained to useful condition. There are two old quarries (Block A and Everlasting) which can be easily operated once all operating permits are acquired. The remaining major items before the mine will resume full operations are the widening of the mine access roads, construction of the haul road from the campsite to the proposed stockpile areas at the pier site, completion of the causeway for ore loading and construction of campsite and support facilities. These activities will require a minimum of six month construction period. Developmental planning is currently ongoing in preparation for full blast construction and mine development once all the remaining permits are obtained.

 

12/F Allied Bank Center, 6754 Ayala Avenue
Makati City 1226 Philippines
Tel. Nos. +63 2 840-2001
Fax Nos. +63 2 840-1892