Singapore's Changi Airport Group launched the Changi Airport Growth Initiative to replace the Air Hub Development Fund, which expires at the end of December. According to CAG CEO Lee Seow Hiang, the focus of CAGi will be to incentivize airlines and airport partners to grow their traffic volumes at Changi. "While the priority of the AHDF in the past year was to provide urgent across-the-board cost relief, the key thrust of CAGi is to increasingly shift towards promoting growth--for both Changi Airport as well as our partners.
Singapore's Changi Airport Group launched the Changi Airport Growth Initiative to replace the Air Hub Development Fund, which expires at the end of December. According to CAG CEO Lee Seow Hiang, the focus of CAGi will be to incentivize airlines and airport partners to grow their traffic volumes at Changi. "While the priority of the AHDF in the past year was to provide urgent across-the-board cost relief, the key thrust of CAGi is to increasingly shift towards promoting growth--for both ...
Subscribe to Access this Entire Article
"Changi to launch new Growth Initiative for 2010" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
