Singapore Changi Airport to Lure More Flights by Cutting Airlines’ Fees
Skift Take
Changi can afford to drop fees for airlines because it can count on spending by passengers who love what it has to offer them.
Changi Airport Group (CAG) the management company for Changi Airport, Singapore, has announced that it will commit S$100 million additional funds through various initiatives and take measures to reduce the cost to airlines of flying to Changi, under a program named the Growth and Assistance Incentive (GAIN).
This program will be implemented over the coming year to boost passenger traffic and, as CAG indicate, the "operational efficiency" at the airport.
From July 1, 2014 to June 2015, all airlines which operate out of Changi airport will receive a reduction in operating costs across-the-board, through rebates of 50% on aircraft parking fees and 15% on aerobridge fees--subject to regulatory approval.
Changi Airport will also reward