Aboitiz takes over Bohol-Panglao airport

On June 16, 2025, DOTr and CAAP officially turned over the operations and management of Bohol-Panglao International Airport to Aboitiz InfraCapital, the infrastructure arm of the Aboitiz Group. This becomes the third airport under Aboitiz InfraCapital following Mactan-Cebu International Airport (MCIA) and Laguindingan International Airport. Witnessing the landmark event were (from left) CAAP Deputy Director-General Danjun G. Lucas, CAAP Director-General Lieutenant-General Raul L. Del Rosario (Ret.), MCIA CEO Athanasios Titonis, and Aboitiz InfraCapital Airports Service Company Head of Operations and Security Ronald R. Mangahas. —CONTRIBUTED

Aboitiz InfraCapital Inc. (AIC) now has three airports in its portfolio with the turnover on June 16 of the Bohol-Panglao International Airport (BPIA).

In a statement on Monday, the infrastructure arm of the Aboitiz Group said that the upgrade works would begin this second half.

“We are committed to transforming BPIA into a globally competitive gateway that reflects the beauty and hospitality of Bohol, while helping unlock its full tourism and economic potential,” AIC vice president and head of the airports business Rafael Aboitiz said.

The initial plan includes expanding BPI’s capacity from 2 million to 2.5 million passenger a year within the first two years.

By 2030, AIC targets to further increase annual passenger capacity to 3.9 million.

The Aboitiz Group, in addition to expanding passenger terminal building, will modernize landslide and airside facilities and install new airport systems and equipment.

“This project is about more than infrastructure—it’s about enabling tourism, empowering local economies, and creating more inclusive growth across the Visayas,” AIC president and CEO Cosette Canilao said.

The Laguindingan airport, prior to this, was officially turned over to AIC on April 26, marking the start of the rehabilitation.

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For the first phase, the Laguindingan airport’s capacity will increase to 3.9 million passengers per annum (mppa) from the current 1.6 mppa. It will be further expanded to 6.3 mppa during the second phase, depending on the traffic demand.

Ahead of the takeover, AIC already began coordinating with the government for the transfer of management of airport’s facilities, buildings and land.

Winning the two airport contracts last year came after the company bought the Mactan-Cebu International Airport in 2022.