With the approval of the First Pacific board of directors for the acquisition of a brand new aircraft, First Pacific CEO and MVP Group chairman Manny V. Pangilinan (shown in photo boarding his aircraft) took delivery of a Global Express business jet earlier this week, whose maiden flight will be to Vietnam. MVP has been in talks with Vietnamese officials in Ho Chi Minh to explore available business options for the First Pacific Group on various sectors that include energy and infrastructure.
Manny will also need the business jet for traveling to many parts of the country, from north to south to check on various projects and business prospects in the areas of mining, infrastructure, agriculture and healthcare considering his recent acquisition of several hospitals that include the Davao Doctors Hospital.
The business jet has become one of the most efficient tools for businessmen eyeing global expansion, and the long range, high speed Global Express manufactured by Canada’s Bombardier Aerospace would be perfect for executives like Manny Pangilinan who will be flying frequently across the Asia Pacific region where the economy has been more robust and resilient than Europe and even the United States.
More likely than not, the new aircraft – whose sophisticated features combined with wide spaced, comfortable interiors make it very ideal for busy executives – will make a 24/7 workaholic like MVP work even more efficiently to spread the business wings of First Pacific and the MVP Group across the globe.
Ricky Razon on a Stream
Another businessman who finds the business jet an important tool for business is ICTSI chairman Enrique “Ricky” Razon whose port businesses in Japan, Indonesia, India, the US, Syria, Brazil, Argentina, Poland, Croatia, Mongolia and Madagascar require him to travel extensively all over the world.
Ricky’s aircraft of choice is the US-made Gulfstream 550 – a competitor of the Global Express – whose ultra high tech avionics complement comfort-designed features with spacious living areas, temperature zones and flexible floor configurations able to accommodate up to 18 passengers. The Gulfstream is also equipped with broadband multi-link that allows for high-speed Internet connection.
Razon is also currently the chairman of Bloomberry Resorts whose $1.2 billion Solaire Resort and Casino is set to open this March. The world-class resort located at the PAGCOR Entertainment City Complex in Pasay is expected to draw in high rollers from China and other parts of Asia. There are rumors Ricky is planning to bring in Madonna to perform at the casino’s opening.
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