CAAP Salaries

MANILA , Philippines - Despite all the attendant problems associated with the attempt to bring back the country to Category 1 status, the Civil Aviation Authority of the Philippines (CAAP) successfully gained the nod of the Commission on Audit (COA) to free them from the Salary Standardization Law.

Previously, the COA had said that the aviation body is 80 percent below industry standard in providing salaries for its personnel.

Credit should be given to Chief Financial Officer (CFO) Abner Bondoc, who was able to convince the COA that the CAAP is financially stable, especially with the added infusion of fresh capital from Philippine Airlines (PAL). PAL paid Php 283 million for navigational charges in 2011.

Today, PAL and the CAAP are in the process of coming to an agreement on how to settle the flag carrier's estimated R5.2 billion in navigational and landing charges.

With the recent changes in the leadership of the CAAP, we are once again on shaky grounds as far as the financial status of the aviation body is concerned. It is not clear whether Bondoc, a Certified Public Accountant with a Master in Management from the Asian Institute of Management (AIM), will stay put.

He has a Doctorate in a Special United Nations course on Peace and Security Administration under his belt. His work experience includes 20 years in the banking industry at the Philippine National Bank (PNB) and auditor at Asiatrust Bank. Bondoc is a former university professor at De La Salle University, La Consolacion College Manila, and special lecturer at the Colegio de San Juan de Letran.

President Benigno Aquino III appointed Bondoc as CFO with the rank of Deputy Director General.

By way of background, PAL incurred the navigational and landing charges when the airline was still in government hands. They argue that as an extension of the regime, it does not have to shell money to pay for those navigation charges and landing fees.

However, when PAL was privatized, starting with the acquisition by then PLDT Chairman Antonio ''Tonyboy'' Cojuangco in 1983, followed by tycoon Lucio Tan in 1998, the charges started piling in.

When the new PAL chairman and CEO, Ramon Ang, took over the helm of PAL, he promised to help the CAAP recover Category 1 status, first by providing funds by paying its back taxes.

With fresh capital infusion, the CAAP would be in a position to increase the salaries of highly technical personnel which have been the object of poaching by foreign air carriers.

Among the Significant Safety Concerns (SSC) noted by the International Civil Aviation Organization (ICAO), the Federal Aviation Administration (FAA), and echoed by the European Union (EU) is the CAAP's lack of qualified personnel.

With more money in its coffers, Bondoc said that more technical personnel, such as check pilots, safety inspectors, air traffic controllers, communications specialists, and aircraft mechanics can be persuaded to stay.

Loading...

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • PSEi breaches 8,000 level, but profit-taking pared most gains

    [caption id="attachment_257092" align="alignleft" width="150"] PSEi breaches 8,000 mark (PSE photo)[/caption] Local share prices surged on a slew of positive news from abroad, sending the Philippine Stock Exchange index past the 8,000 mark for the first time in history. BDO Unibank chief market strategist Jonathan Ravelas said the market rose due to “positive foreign equity portfolio flows and Fed Chair Yellen’s comments last week reiterating thethat the FOMC will be data dependent and …

  • Abandoned, hard-up husband hits P60-M Lotto pot

    Lady luck finally smiled on a hard-up tricycle driver, who endured being abandoned by his wife and seeing his children drop out of school before hitting the Philippine Charity Sweepstakes Office (PCSO) 6/45 Lotto jackpot worth nearly P60 million. PCSO acting chairman Jose Ferdinand M. Rojas II said the 29-year old lucky bettor hit the jackpot in the March 20 draw by correctly picking the winning numbers 02-03-14-22-29-30, which corresponds to the birth anniversary dates of his family members. …

  • News In Brief

    P/$ RATE CLOSES AT P44.80/$1The peso exchange rate closed  lower  at P44.80  to the US dollar yesterday at the Philippine Dealing & Exchange Corp. (PDEx) from P44.76  last  Friday.  The weighted average rate  unchanged  to  P44.796  from  P44.796.  Total volume amounted to $340.6 million.PUMP PRICES RAISED THIS WEEKThe pump prices of gasoline products will be raised by P1.10 per liter this week and diesel by P0.60 per liter, according to the oil companies. In an advisory to the media, the oil …

  • Need for modern national sports complex underscored

    Sen. Juan Edgardo “Sonny” Angara yesterday pushed for the construction of a “state-of-the-art” and “highly scientific sports complex” that can be used by the country’s national athletes for high-level training and total wellness program. Angara, chairperson of the Senate Committee on Games, Amusement and Sports, said the government should at least provide decent support to its athletes by providing them with ultramodern sports venues and facilities if it wants them to improve the country’s …

  • Makati mayor slams PNP’s role in mayoralty row

    Makati Mayor Jejomar Erwin S. Binay denounced what he called apparent “misuse” of the Philippine National Police (PNP) force in the implementation of “selective suspension” of government officials not allied with the ruling party. Binay said he sympathizes with PNP personnel who often got caught in the middle of political conflicts, and called for an end to dirty political tactics. [caption id="attachment_257243" align="aligncenter" width="648"] THANKSGIVING MEAL – Vice President Jejomar C. …

  • EVAP warns of unscrupulous foreign electric vehicle suppliers

    The Electric Vehicle Association of the Philippines  (EVAP) has cautioned local manufacturers and end users against unscrupulous foreign EV suppliers that are flocking into the domestic market. In a sunrise industry like the electric vehicle industry, EVAP stressed that choosing the right partner or supplier is a difficult task. “In the absence of any track record to review, an end user is at a loss as to how to choose a reliable and competent supplier,” said Atty. Bodie Pulido, EVAP …

  • Mayors laud bill increasing tax revenue allocation for LGUs

    The League of Municipalities of the Philippines (LMP) is backing the proposed increase in the annual automatic allocations for local government units (LGUs) to boost inclusive growth with improved infrastructure, modernized agriculture and easier access to resources. Mayor Jess Burahan, secretary-general of the LMP said the empowerment of LGUs through added resources is a game changer in boosting inclusive growth. …

  • Freeze order against Jinggoy assets final; Bong guards face raps

    The Sandiganbayan Fifth Division has turned down with finality the plea of Senator Jinggoy Ejercito Estrada to lift the freeze order on his properties amounting to more than P183 million. In a resolution released yesterday, the Fifth Division denied Estrada’s motion for reconsideration that sought that the court lift its writ of preliminary attachment/garnishment that was issued on February 17 that ordered the freeze of his properties. “As movant has not filed a counterbond and his arguments …

POLL

Should Aquino be held accountable over the Mamasapano operations?

Loading...
Poll Choice Options