More focused roles as Changi Airport corporatised
Since its formation 25 years ago, the Civil Aviation Authority of Singapore (CAAS) has addressed Changi AirportÃ¢â‚¬Ëœs many challenges to growing it as a premier air hub and developing the nationÃ¢â‚¬™s aviation industry. But in the airportÃ¢â‚¬™s latest phase of development, SingaporeÃ¢â‚¬™s government has corporatised it creating two separate entities: the newly created Changi Airport […]
August 1, 2009
According to a CAAS spokesperson, with more focused roles and greater flexibility, both the new CAAS and CAG, which were formed on 1 July 2009 following Changi AirportÃ¢â‚¬™s corporatisation, are in a stronger position to achieve the common goal of making Singapore a vibrant global air hub.
Ã¢â‚¬Å“The new CAAS shares a common objective with CAG of growing Changi Airport as an air hub in the face of the new challenges. One key element following corporatisation is CAASÃ¢â‚¬™ economic and service regulation of Changi Airport,Ã¢â‚¬Â he said.
Ã¢â‚¬Å“On this, CAAS will take a probusiness approach. In fact, CAAS will work in close partnership with CAG to ensure that Changi Airport remains competitive and maintains high service standards, while allowing CAG to pursue efficiencies, innovate, and nimbly respond to new challenges and changing industry conditions,Ã¢â‚¬Â he added.