MacroAsia widens base, bags 15-year lease in Cebu

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February 11, 2026 | 12:00am

MANILA, Philippines — Aviation support service provider MacroAsia Corp. is widening its base outside Metro Manila as it signed a 15-year lease to set up operations at the Mactan-Cebu International Airport (MCIA).

In a disclosure to the Philippine Stock Exchange, MacroAsia said it has signed a deal with the Mactan-Cebu International Airport Authority (MCIAA) for the lease of a parcel of land.

The property, located at the cargo area of the MCIA, spans 26,297 square meters which MacroAsia plans to house aviation-related services.

The expansion supports MacroAsia’s pipeline to expand its business outside Metro Manila as the company is drawing greater confidence on the stability of Philippine air travel and entry of more foreign airlines.

In Cebu, the air travel market is growing rapidly, with MCIA passenger traffic going up by three percent to 11.6 million in 2025, from 11.3 million in 2024. It is also attracting more airlines on its runway, seeing the arrival of heavyweight carriers like Vietnam Airlines last year.

In January, MCIA turned in an all-time high for monthly passenger volume at 1.3 million, as Cebu welcomed hundreds of thousands of visitors for the Sinulog Festival.

This is the level of aviation activity that MacroAsia would be responding to with the portfolio of support services that it would locate in its Cebu base.

The lease signed with MCIAA will run for a minimum of 15 years, extendable by 10 years if the parties agree and regulators approve.

MacroAsia is exploring expansion opportunities outside Metro Manila and across its core and non-core services. In January, the company announced it is investing P400 million in a new office in Parañaque for its airport services.

For 2026, MacroAsia is scheduled to finish the expansion of its food commissary in Muntinlupa City that would double its production capacity for in-flight meals.

Outside of aviation services, MacroAsia is raising additional revenues from new water projects in Bacolod, Olango Island and Poro Point.