SUBSCRIBE NOW SUPPORT US

Financial obligations settled

Financial obligations settled
Published on

Air Asia Philippines has already settled its remaining financial obligations, the Civil Aviation Authority of the Philippines (CAAP) said on Thursday, 4 June.

In a statement, CAAP confirmed that the airline "has complied with the directive to settle its obligations this morning, 4 June, subject to ongoing standard reconciliation processes."

Said the agency, "CAAP acknowledges and appreciates the airline’s cooperation and its commitment to addressing its obligations through constructive engagement and coordination with the Authority.”

"CAAP remains committed to working closely with all aviation stakeholders to ensure regulatory compliance, maintain the stability of air transport operations, and safeguard the interests of the traveling public," the CAAP added.

Financial obligations settled
CAAP confirms AirAsia payment, averts operational disruption

Until 7 June to settle 

On Wednesday, CAAP said it is giving AirAsia until 6 June, Saturday, to settle its P270-million outstanding financial obligations with the agency.

The agency earlier called on the low-cost airline to pay unsettled accounts receivable amounting to P833,656,050.71 as of 31 December 2025, net of all payments made up to 13 February 2026 and excluding applicable penalties and interest for delayed remittances. 

Financial obligations settled
CAAP gives AirAsia until 6 June to settle P272-M debt
logo
Daily Tribune
tribune.net.ph