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Changi Airport's T5 pre-funding plan objectionable, IATA says

Bloomberg
Bloomberg • 1 min read
Changi Airport's T5 pre-funding plan objectionable, IATA says
The airline industry’s most prominent trade body said it objects to any attempts by Singapore to charge travelers to help fund the construction of its new Terminal 5 in Changi Airport.
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SINGAPORE (Feb 5): The airline industry’s most prominent trade body said it objects to any attempts by Singapore to charge travelers to help fund the construction of its new Terminal 5 in Changi Airport.

The International Air Transport Association is “strongly against any pre-financing of any infrastructure,” IATA Chief Executive Officer Alexandre de Juniac told a media roundtable as part of the Singapore Airshow Monday. “We shouldn’t pay first without having the infrastructure ready to be operated and used by airlines and by the users.”

Passengers flying out of Changi Airport may have to pay US$10 to US$15 extra as part of a new tax being considered to help pay for the hub’s expansion, including the building of T5, the Straits Times newspaper reported last month. Charges for airlines, including parking and landing fees, are expected to rise by about 30%, according to the report.

Changi is one of the key hubs for international flights in Asia. 

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