MacroAsia Corporation
From Wikipedia, the free encyclopedia
 | |
| Company type | Public |
|---|---|
| PSE: MAC | |
| Industry | MRO, ground handling, airline catering services, Water Delivery, Sewerage, Mining |
| Predecessor | Infanta Mineral and Development Corporation |
| Founded | 1970 |
| Founders | Benjamin M. Bitanga |
| Headquarters | PNB Allied Bank Center, Ayala Ave., Makati, Philippines |
Area served | Philippines |
Key people | Lucio C. Tan Sr. (Chairman and CEO)[1] Eduardo Luis T. Luy (President and COO)[2][3] Amador T. Sendin (CFO and CRO) Kyle Ellis C. Tan (Treasurer) [4] |
| Parent | LT Group, Inc. |
| Website | macroasiacorp.com |
MacroAsia Corporation is a leading provider of aviation-related support services in the Philippines. Its major business segments derive income from aircraft maintenance, repair and overhaul (MRO), food services (airline and institutional catering), gateway services (ground handling), property development and leases (ecozone operations) and water concessions/utility. As of March 2019, it is the country's largest provider of aviation support services.[5]
The company began in 1970 as Infanta Mineral and Development Corporation, shipping out nickel ore.
In 1995, the company was renamed as MacroAsia Corporation, moving from mining to aviation support services. In the same year Benjamin M. Bitanga sold the company to Lucio Tan.
In 1996, the MacroAsia Catering Services Corporation (MACS) was established.
In 1999, the MacroAsia Airport Services Corporation (MASCORP) was established.
In 2000, with the joint venture of Lufthansa Technik, the Lufthansa Technik Philippines was established with 49% ownership.
In 2016, MacroAsia ventured to water distribution and treatment in Boracay, Nueva Vizcaya, and Cavite.
In March 2019, the MacroAsia serviced the Philippine Airlines and PAL Express 100%, making it one of the largest aviation support services in the country.[6]
