Changi Airport's privatisation on track for July

11 Mar 2009

The privatisation of Singapore Changi Airport is well on track. On July 1, a new operator called NewCo will replace the Civil Aviation Authority of Singapore (CAAS) in a bid to maintain competitiveness in the aviation industry.

“NewCo aims to build on Changi’s track record as a premier global air hub and a world-class airport with superior service and safety standards,” says a CAAS spokesperson.

“It will leverage on the autonomy that has been given to the airport company to innovate in the operations and management of Changi Airport.”

And the airport is not resting on its laurels. Efforts have included the implementation of the millimetre-wave security-screening portal within the next six months as well as a series of ongoing upgrading works on its terminals. The Budget Terminal is expected to accommodate seven million passengers (from the existing 2.7 million) per year, while the 27-year-old Terminal 1 will feature a lantern roof structure, a remodelled viewing gallery, a bigger gatehold room and a new glass façade in the Arrival Immigration Hall.

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Julian Tan

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