SINGAPORE: Cargo to decline 5% at Changi

Cargo traffic at Singapore¡¯s Changi Airport is expected to fall by 5.1 per cent in 2009, to 1.77 million tonnes in 2009, from 1.85 million tonnes, according to a Reuters report. Singapore¡¯s Senior Minister of State, Ministry of Finance & Ministry of Transport, Lim Hwee Hua, told parliament the global financial crisis started taking a […]


Cargo traffic at Singapore¡¯s Changi Airport is expected to fall by 5.1 per cent in 2009, to 1.77 million tonnes in 2009, from 1.85 million tonnes, according to a Reuters report. Singapore¡¯s Senior Minister of State, Ministry of Finance & Ministry of Transport, Lim Hwee Hua, told parliament the global financial crisis started taking a toll on Changi¡¯s traffic in the fourth quarter of 2008, but ¡°the full impact of the global downturn can beexpected to be felt in 2009¡±.