AS air traffic falls, more than$60 million has been set aside to give retailers at Changi Airport a much needed lift. The Civil Aviation Authority of Singapore (CAAS) will provide a rental relief package - $43 million in rebates and $20 million for a newly set up "Promotions Development Fund" - for retail, F&B and services concessionaires to help them remain viable, Senior Minister of State...
Changi Airport
The Civil Aviation Authority of Singapore (CAAS) will extend S$70 million to help airport partners tide over the economic downturn. This is over and above the S$130 million Air Hub Development Fund announced earlier. The CAAS had, in December last year, announced an extension on this fund till end-2009. The money will go towards rental rebates and a Promotions Development Fund for retail, food and...
With more than 100 retail establishments, Singapore Changi Airport's Terminal 3 is touted as the latest shopping destination for ‘mall-crazy’ Singaporeans. But six months since its opening, retailers said business is suffering. Changi Airport's T3 public area has 31 outlets. Retailers said they are barely making ends, though takings over the weekends may be slightly better. Channel NewsAsia checked...
Singapore's first airport hotel has opened its doors to guests, nearly 30 years after Changi Airport began operations. Although the 320-room Crowne Plaza Changi Airport has just opened for two weeks and not all the rooms are ready, it is already meeting its occupancy target of 75 percent for the full year. Room rates at the hotel start from about US$200 – just below the prices at the premium Orchard...
Changi Airport has scored again, bagging two awards in Singapore and London. The Civil Aviation Authority of Singapore (CAAS) has been voted "The Airport Authority with the Most Supportive Approach to Travel-Retail". The title was given at the Duty Free News International (DFNI) Awards for Travel-Retail Excellence in the Asia-Pacific Region. The awards were presented in Singapore on Tuesday. Other...