Air Freight News

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

Singapore Changi Airport’s passenger volumes are expected to reach pre-pandemic levels in 2024, the country’s transport ministry said in a written response to parliamentary questions. 

Monthly passenger traffic recovered to around 90% of pre-Covid levels in December. For the full year of 2023, the airport handled 58.9 million passenger movements, or 86% of traffic recorded in 2019, the ministry said.

To meet longer term demand for air travel, the financial hub plans to start construction of a fifth airport terminal next year and expects it to be operational in mid-2030s, it added. 

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

IndiGo quarterly profit drops as demand slows, fuel costs surge

India’s largest airline IndiGo posted a 12% drop in its quarterly profit weighed down by slowing demand as well as surging engine-related and fuel costs. Analysts were expecting a steeper…

View Article
Boeing’s Pope makes mark at aviation show as CEO search heats up

The top internal candidate to become Boeing Co.’s next chief executive officer made the rounds at the Farnborough International Airshow this week, raising her profile at the embattled planemaker as…

View Article
Qatar Airways in talks to acquire stake in South African Airlink

Qatar Airways is in talks to buy a stake in South Africa’s SA Airlink Pty Ltd. as the Doha-based airline seeks to expand its presence on the continent, according to…

View Article
https://www.ajot.com/images/uploads/article/WorldACD-Air-Cargo-Trends--June-2024.jpg
WorldACD Air Cargo Trends: June 2024 and first-half 2024 review
View Article
China’s low-gear economy dims global outlook for oil

China’s struggle to kick start its stuttering economy has spawned forecasts of weaker fuels consumption during the rest of this year, darkening the global demand outlook for oil.

View Article
https://www.ajot.com/images/uploads/article/Latam_Air.jpg
Latam Airlines US shares up 2.9% after $456 million offering
View Article