Singapore commits another SGD84 million to support aviation sector
Wednesday, December 30th 2020
Singapore is committing an additional SGD84 million to the aviation sector to support aviation companies and workers as they weather the impact of the COVID-19 pandemic.
This is on top of the previous government support for the sector, including the Aviation Sector Assistance Package and the Enhanced Aviation Support Package.
According to the Civial Aviation Authority of Singapore, the number of passenger traffic movements at Changi Airport in November 2020 is down 98 per cent year-on-year. Given ongoing border restrictions and the resurgence of COVID-19 in many countries over winter, air travel is not likely to recover soon, CAAS added.
Aviation sector to receive more state support businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
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Government to provide additional S$84 million to aviation sector amid COVID-19 pandemic
A general view of Changi Airport in Singapore on Oct 12, 2020. (File photo: Reuters/Edgar Su)
29 Dec 2020 09:28PM) Share this content
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SINGAPORE: The Government will provide an additional S$84 million to the aviation sector to cushion the blow of the COVID-19 pandemic on workers and businesses, the Civil Aviation Authority of Singapore (CAAS) said on Tuesday (Dec 29).
This is on top of the S$112 million Aviation Sector Assistance Package, announced in February, and the S$187 million Enhanced Aviation Support Package, announced in August.