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Changi’s has managed some astounding successes both attracting more international business to Singapore and by making its terminals places that passengers on long-haul flights aspire to transit through.
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Changi Airport Group (CAG) posted record retail revenues and passenger traffic for the financial year ended 31 March 2012, it announced today.
CAG said it turned in a “sterling” retail performance during the financial year, raising concession sales at Changi by +19% to a record S$1.75 billion (US$1.43 billion) – easily outstripping the +12% growth in passenger traffic for the year.
“This places Changi firmly among the top four airports in the world in terms of annual retail sales turnover,” CAG said.