Changi Airport Group (CAG) announced today a S$14 million package of support measures for its cargo partners, which will provide the sector with cost relief against the backdrop of a challenging outlook for the global airfreight industry. These measures, which include a one-time Special Assistance Package (SAP) for cargo agents and the extension of a landing fee rebate for scheduled freighter flights will apply for a year starting from 1 April 2016. Currently, cargo agents leasing cargo … [Read more...] about Changi Airport beefs up cargo industry support with $14m package
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Changi stable in 2015, invests in niche cargo segments
While passenger traffic and aircraft movements set new records at Singapore Changi Airport, ‘stability’ was the word of the year for airfreight movements which held steady at 1.85 million tonnes for 2015. While Changi Airport’s total cargo throughput was little changed from a year earlier, there were pockets of growth in niche cargo segments and investment in new cargo infrastructure is expected to drive further growth in some of these niche sectors. For instance, there was strong … [Read more...] about Changi stable in 2015, invests in niche cargo segments
Changi sees Sept rise in cargo, first nine months flat
Singapore Changi Airport handled 155,100 tonnes of airfreight in September, 4.9 per cent higher than a year before. Passenger traffic registered a 3.9 per cent year-on-year growth to 4.42 million passengers while aircraft landings and takeoffs grew by 5.3 per cent to 28,460. In the first nine months of 2015 cargo shipments held steady at 1.37 million while 40.9 million passengers traveled through the airport, 2.1 per cent more than the same period a year ago and aircraft movements also … [Read more...] about Changi sees Sept rise in cargo, first nine months flat
SATS to set up e-commerce hub at Changi for SingPost
Singapore-based ground handler, SATS Ltd. and Singapore Post Limited (SingPost) have announced a commercial agreement for SATS to provide airmail consignment handling services to SingPost. The new automated facility, to be called SATS eCommerce AirHub, will improve efficiency and space utilisation, as well as enhance the consignment handling capabilities for both SATS and SingPost, the two said. To be located at SATS Airfreight Terminal 1 within the Changi Airfreight Centre, this … [Read more...] about SATS to set up e-commerce hub at Changi for SingPost
Changi Aiport, Xiamen Airlines sign MoU
Changi Airport Group (CAG) and Xiamen Airlines have signed a memorandum of understanding (MOU) to jointly collaborate on initiatives to grow connectivity and traffic between Singapore and China. Effective until 31 March 2018, the MOU formalises the partnership to increase air services between the two countries and to grow transit and transfer traffic from Southeast Asia, Southwest Pacific to and from China, via Singapore. Noting that Xiamen is currently the fourth largest Chinese city for … [Read more...] about Changi Aiport, Xiamen Airlines sign MoU
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