INC leaders using planes worth billions of pesos?
EXCLUSIVE: The price of a huge Airbus ranges from P8.8 billion to P11 billion, while an executive jet costs about P3.6 billion. These aircraft are being used by the Iglesia executive minister in his pastoral and personal trips abroad, Rappler learns.
Aries Rufo and Chay F. Hofileña
Published 7:40 PM, July 25, 2015
Updated 9:01 PM, Jul 25, 2015
MANILA, Philippines – Flying in style? Why are the Iglesia ni Cristo (INC) leaders using an ostentatious Airbus 330-202 and a Boeing executive jet that cost billions of pesos?
The price of a huge Airbus ranges anywhere from P8.8 billion ($200 million) to P11 billion ($250 million). It is being used by INC executive minister Eduardo Manalo in his pastoral and personal trips abroad, informed sources confirmed to Rappler.
A long-term lease of an Airbus 330 could easily cost $5 million to $6…
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