MANILA – The MVP group recently formed a new aviation company that allows other businesses and well-heeled clients to make use of its aircraft. Pacific Global One launched last September after receiving its license from the Civil Aviation Authority of the Philippines.
Pacific Global 1, which has its hangar in Pasay City, aims to mine chartered airline business by using aircraft that in the past were used exclusively by the group’s executives.
The company currently has a King Air 350 plane, and two choppers, the Bell 429 and the more premium AW 139.
The AW 139, a premium chopper than can seat up to 8 people, was configured to accommodate VIPs with its plush interiors of leather seats and gold plated seatbelts.
Although there are already a number of players in the chartered flight industry, Pacific Global One is bullish that they can still carve their own space through partnerships.
The company said they could fly to such tourist destinations as Tagaytay, Palawan, Baguio, Boracay, and even as far as some locations in Mindanao, either for business or leisure.
According to Rene “Butch” Meily, President and COO of Pacific Global One, “Chartered flight service in the Philippines has always been competitive. It’s a tough market but we believe there’s room for growth. We just need to hook up with certain groups like hotels, travel agencies, foreign and domestic companies.”
Pacific Global One’s operations also comes at a time when PLDT has been massively cutting down on costs as it sheds its legacy business in its pivot to digital.
Meily said Pacific Global One allows the group to make better use of its standby air assets that, once the business gains better traction, could further boost the MVP group’s balance sheet.