Biz Buzz: Naia to PITx parking migration

Following the sharp increase in parking rates at the new Ninoy Aquino International Airport (Naia), many vehicle owners who are fond of using the airport terminals — especially for overnight parking — have had to find a new sanctuary.

Whether they are real passengers in need of parking space for a few days while out of town, or workers based in the airport area, many of the parking “regulars” seem to have relocated to PITx.

“What we noticed is that our volume of parkers went up after the NAIA’s parking policy had changed,” Megawide Construction Corp. CEO Edgar Saavedra told Biz Buzz.

PITx may not be the nearest option for these ‘migrants’. Depending on the route, Megawide’s bus terminal hub is about 3 to 6 kilometers away from Naia. But those car owners take solace in the massive cost savings relative to the new parking fees at Naia.

Overnight parking fee at PITx is fixed at P300, just a quarter of the P1,200 fee at Naia. PITx also offers a fixed daily parking fee of P50, while Naia charges P50 for the first two hours and P25 for every succeeding hour.

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San Miguel group-led airport concessionaire New Naia Infrastructure Corp., which had taken over Naia operations in mid-September, jacked up the parking fees precisely to free up space for airport passengers and discourage non-airport users from clogging the area.

It came as a surprise, but the Megawide group welcomes the windfall.