Changi Airport Group (CAG)

PPG grows footprint in Southeast Asia - THE EDGE SINGAPORE

Corporate moves

PPG grows footprint in Southeast Asia

The independent lounge operator continues to uniquely tailor its services to different markets as it expands.

Aviation & Engineering

Inefficient airports could attract attention

But, does an airport have to be undervalued to be considered for privatisation?
Changi Airport Group reports FY2024 earnings of $431 mil, 13.1 times higher y-o-y - THE EDGE SINGAPORE

Results

Changi Airport Group reports FY2024 earnings of $431 mil, 13.1 times higher y-o-y

Total revenue surged by 45% y-o-y to $2.73 billion as passenger traffic rose during the year.

Contracts

OUE awarded tender for lease and development of new hotel at Changi Airport Terminal 2

The hotel, to be named Hotel Indigo Changi Airport, is expected to be completed and fully operational by 2028.
Changi Airport’s 1Q2024 passenger traffic exceeds pre-Covid levels - THE EDGE SINGAPORE

Aviation & Engineering

Changi Airport’s 1Q2024 passenger traffic exceeds pre-Covid levels

China's visa-exemption helped the country reclaim pole position among Changi’s key markets in the first quarter of the year.

Aviation & Engineering

Bangkok loses out to Singapore as airlines redraw global network

Financial pressures and the lack of new planes may be playing out in Singapore’s favour, says a Changi Airport executive.

Tourism

Singapore sees Changi Airport traffic hitting pre-Covid levels this year

For the full year of 2023, the airport handled 58.9 million passenger movements, or 86% of traffic recorded in 2019.

Singapore news

Changi Airport handles 4.87 mil passenger movements in September, 89% of pre-Covid movements

China is now one of the airport’s top five markets for the 3Q2023.

Travel

Singapore aims for passport-free departures from Changi Airport in 2024

The changes come as the number of travellers to the financial hub is expected to rebound to pre-pandemic levels by next year.

Singapore news

Changi Airport sees passenger traffic nearly returning to pre-Covid levels in June

The airport handled 5.12 million passenger movements in June, crossing the five million mark since January 2020.
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