Changi Airport Group (CAG)

Aviation & Engineering

Changi Airport reports 3.3% rise in passenger movements to 5.9 mil in July

SINGAPORE (Aug 23): Changi Airport Group announced Friday that 5.91 million passengers passed through the airport in July, some 3.3% more than in the same period last year.

Contracts

TEE International subsidiaries secure new engineering contracts worth $58 mil

SINGAPORE (Oct 16): TEE International’s wholly-owned subsidiaries, PBT Engineering and Trans Equatorial Engineering, have been awarded new engineering contracts worth $58 million to carry out asset enhancement initiative (AEI) and mechanical & electrica

Aviation & Engineering

Changi Airport to raise aeronautical fees to help fund Changi East development, improve existing terminals

SINGAPORE (Feb 28): Changi Airport Group (CAG) will raise aeronautical fees for both passengers and airlines from July 2018 to help fund part of the Changi East development, as well as the upgrading and refurbishment of existing terminal infrastructure an

Singapore economy

Singapore 2017 tourism breaks record for 2nd year running

SINGAPORE (Feb 12): Singapore’s tourism arrivals and visitor arrivals both achieved record highs in 2017 for the second time in two years.

Aviation & Engineering

Changi Airport's operating indicators for September 2017; Terminal 4 opens

SINGAPORE (Nov 1): In September, Changi Airport registered a 7.5% y-o-y increase in passenger movements to 4.93 million.

Broker's Calls

The glory of this stock's super growth is finally fading

SINGAPORE (Sept 25): CIMB Research is downgrading its call on SATS to “reduce” from “hold” with a lower price target of $4.24 compared to $5.11 previously, after accounting for slower revenue growth from food solutions and its Japanese subsidiary,

Alipay launches mobile payment gateway at Changi Airport

SINGAPORE (Sept 7): Alipay and Changi Airport Group (CAG) today announced a five-year partnership to roll out the Alipay mobile payment option in Changi Airport on a wide scale.

Aviation & Engineering

Changi Airport passenger traffic up 4.5% in July

SINGAPORE (Aug 28): Changi Airport Group (CAG) says passenger movements at Singapore Changi Airport rose 4.5% year-on-year to 5.42 million in July on the back of traffic growth recorded across all regions.

Daiwa's strategy for 2017

Changi Airport T4 is opening soon. Who will benefit?

SINGAPORE (Jan 20): With Changi Airport Terminal 4 (T4) slated to launch in 2H17, Daiwa Capital Markets is anticipating a number of businesses to benefit from Fast and Seamless Travel at Changi (FAST@Changi), a unique concept to T4 which Changi Airport Gr

Startups, Entrepreneurs, Digital economy

Changi Airport partners EDB to launch $50 mil innovation programme

SINGAPORE (Jan 5): Changi Airport Group (CAG) has partnered the Singapore Economic Development Board (EDB) to launch a new $50 million programme with the aim of driving innovation for next-generation airport solutions over the next five years.
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