Magnum Air to cooperate with BOC about seized aircraft

Current owners of Magnum Air (Skyjet) Inc. expressed their hopes to resolve the issue involving the 80-seater aircraft that was seized by Bureau of Customs (BOC).

Magnum Air’s CEO Patrick Tan said in a statement that the new management team wanted to settle their liabilities but without the penalties cited by the government, which he insisted should not be shouldered by the company.

Tan added that the issue over the plane was just one of several irregularities they discovered during an internal compliance audit and corporate restructuring that began December 2016.

Also, the said aircraft was legally admitted upon first importation as shown by documents submitted to the BOC seizure proceedings. An internal audit result was supplied to BOC Port of Subic, prior to the warrant of seizure and detention last May 2017, wherein the current management had long submitted its intention to settle any tax and duty obligation that may be legally due on the said aircraft.

Moreover, the present seizure case has been going on for over a year and the present management of Magnum Air (Skyjet), Inc. has consistently cooperated and participated in all the legal proceedings conducted by the BOC. The company reiterated its support to the government’s efforts to improve the bureau and address irregularities.

Magnum Air’s new management said it is very much concerned in this issue and would like to assure the public and the authorities that it will be investigating on its own and work with the government authorities to ensure all obligations have been duly settled and the responsible be held accountable. 

The company apologized for any uncertainty that the issue has brought upon the riding public and assured that its operations are fully compliant and duly licensed with the Manila International Airport Authority and the Civil Aviation Authority of the Philippines.

ADVT