Liberalisation helps Changi Airport combat global economic downturn

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Singapore’s Changi Airport is set to gain a major boost in traffic thanks to the new Singapore-Malaysia air services agreement announced recently.

Airlines in Singapore and Malaysia have been quick to respond to the more liberalised air services agreement that opens new routes and allows more airlines to operate between the two countries.

Today Qantas Airways’ low cost carrier in Singapore, Jetstar Asia, announced that it will be using the new agreement to launch services from Singapore to Langkawi and Penang in Malaysia.

And Malaysia Airlines’ turboprop operation Firefly has announced plans to link several smaller cities in Malaysia, such as Ipoh and Kuantan, to Singapore.

Its good to see that the airport’s operator, Civil Aviation Authority of Singapore (CAAS), is being pro-active.

Airports around the world are currently experiencing sharp declines in traffic due to the global economic crisis. But thanks to liberalisation Changi Airport is now better placed to combat the downturn.

Above picture courtesy of CAAS

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