CAAS unveils plans to transform Singapore aviation

by Payload Asia

The Air Transport Industry Transformation Map (ITM) was unveiled by Minister for Education (Schools) and Second Minister for Transport, Mr Ng Chee Meng at the Aviation Community Reception 2017 this evening.

 

The Air Transport ITM outlines plans to create better jobs and career opportunities for workers in the aviation sector, as well as to support the sector’s growth and competitiveness over the coming years, where annual passenger traffic is expected to increase by three percent. The Air Transport ITM aims to achieve real value-added growth of 16 percent from 2015 to 2020, boost productivity by three to four percent per annum, and create more than 8,000 new good jobs in the sector by 2025.

 

Director-General of CAAS, Mr Kevin Shum, said, “The aviation sector plays a key role in driving Singapore’s economic growth. The Air Transport ITM is part of the Singapore government’s larger strategy to promote growth and competitiveness for 23 industries across the economy and create good jobs for Singaporeans. As we set our sights on the next phase of the sector’s growth, we are working in close collaboration with tripartite partners – companies and unions – to implement the ITM plans.”

 

Joining hands with industry partners

The Air Transport ITM was developed by the Air Transport Industry Tripartite Committee (ITC), comprising 16 key representatives from industry, unions and government. ITC members account for 85 percent of employment and 95 percent of value-add in the sector. As the main platform for setting strategies and forging consensus for ITM initiatives, the ITC meets regularly to track the progress of ITM implementation.

 

In the pipeline is a slew of innovation and productivity initiatives across various facets of the industry, as well as job upskilling and retraining incentives, which will be funded by CAAS’ Aviation Development Fund. Key industry stakeholders such as the Changi Airport Group (CAG), SATS, Singapore Airlines (SIA) and SIA Engineering Company (SIAEC) are also committing resources towards this transformation.