Cargo to decline 5% at Singapore's Changi
- Posted on 16 February 2009
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 be expected to be felt in 2009".
