Civil Aviation Authority of Singapore will distribute S$200 million ($132.5 million) this year "to help airlines and airport partners tide over the current economic downturn," comprising S$50 million in rental rebates, a S$20 million fund for concessionaires at Changi and a S$130 million Air Hub Development Fund "extended to airlines and airport partners."

Subscribe to Access this Entire Article

"Other News - 02/13/2009" 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.

Already registered? here.