Aquino’s Open Skies Policy – an Open Invitation to the Destruction of  the Local Airline Industry

The National Economic Protectionism Association (NEPA) welcomes Lance Gokongwei’s position on the Aquino’s administration’s open skies policy by the Aquino Administration.

As correctly pointed out, Aquino’s executive order opens the country’s skies without any measure of reciprocal gesture from foreign countries.

NEPA had long advocated for the protection and promotion of local industries so that they can compete within and out of the country.

Unfortunately, neo-liberal policies had already virtually wiped out the country’s industrial, manufacturing and agricultural sector. The Aquino administration’s open skies policies policy, among other ill-advised programs will severely damage what remains of the service sector.

Gokongwei stressed that what they are seeking is equal, and not favorable, treatment. NEPA, too do not advocate protectionism if it means protection of monopolies like the Philippine Airlines during the Marcos years.

It must be pointed out, however, that a level playing field is illusory in the airline business if one takes into consideration that the United States (and France ) have a virtual monopoly in the production, sales and rental of aircrafts in this part of the world.

Moreover, the US and French government extend strong support for their airline and aircraft business – cajoling and bullying other countries to expand and develop their world monopoly. This contrasts sharply to the support our government had show its ours.

The reality of globalization is an inescapable fact of our economic and business life. However, globalization does not mean the lack of protection of local industries.  Up till now, the present administration have shown a remarkable penchant in promoting foreign interests to the detriment of our own.

We need more Gokongwei’s speaking out in behalf of Filipino businessmen and genuine Filipino interests. Most other business groups and businessmen sound and act like lobbyists for foreign interest. Kudos Lance!