Japan's Konoike and Philippines' MacroAsia Tie Up for Airport Staffing Business

Nov. 7, 2019

The partnership is expected to enable the companies to secure human resources for ground handling operations which are seeing a rapid increase in work amounts at airports in Japan.

Source The Japan Times

MANILA – Japanese logistics firm Konoike Transport Co. and Philippine aviation service firm MacroAsia Corp. have teamed up to develop airport ground operation staffing in Japan, where the number of foreign travelers is expected to increase.

Konoike will acquire a 20 percent stake in MacroAsia’s airport service unit, MacroAsia Airport Services Corp., while MacroAsia will acquire a 30 percent stake in Konoike Group’s affiliate, Japan Airport Service Co., according to a deal sealed Tuesday.