MacroAsia grows profit through aviation and catering expansion

MacroAsia Corp., a Philippine-listed aviation support company, reported a 20.49% rise in third-quarter net income, reaching P342.63 million (€4.99m). Total revenues for Q3 climbed to P2.59 billion (€37.7m), up from P2.22 billion (€32.4m) in the same period last year, supported by steady volume gains across core business segments.

Aviation services and in-flight catering remain the company’s primary growth drivers. Eduardo Luis T. Luy, MacroAsia President and COO, stated that the company’s portfolio, global partnerships, and operational visibility continue to underpin sustained shareholder value creation.

For the first nine months of 2025, MacroAsia posted attributable net income of P1.02 billion (€14.9m), up from P975.95 million (€14.2m) in the same period last year. Gross revenues for January to September reached P7.41 billion (€108.0m), a 5.71% increase from P7.01 billion (€102.2m), reflecting incremental growth across its service areas.

In-flight and catering services contributed the largest share of revenues, generating P3.55 billion (€51.7m), followed by ground handling and aviation at P3.13 billion (€45.6m). Water distribution added P538.9 million (€7.85m) and administrative fees P187.2 million (€2.73m) for the nine-month period.

Operating costs rose 12.93% to P5.85 billion (€85.3m), largely due to rate adjustments and updated lease and fee structures at Ninoy Aquino International Airport (NAIA). Despite higher costs, the company maintained strong margins, reflecting operational efficiency and disciplined cost management.

See how MacroAsia’s aviation and catering services are driving growth and operational efficiency across the Philippines in the complete story here.