Saturday, November 9, 2024 Changi Airport Group (CAG) is set to make a monumental investment of S$3 billion over the next six years to enhance Singapore Changi Airport’s Terminals 1 through 4. This initiative aims to elevate services like baggage handling, check-in, immigration, and Skytrain connections, while also upgrading aging systems to ensure a seamless travel experience for passengers and airlines. With this significant investment, Changi Airport will remain competitive and ready to accommodate the increasing demand for air travel ahead of the anticipated opening of Terminal 5 in the mid-2030s.
To support these enhancements, airport charges will see a gradual increase from 2025 to 2030, addressing rising operating costs, particularly in staffing. This decision also acknowledges the substantial investments made during the Covid-19 pandemic, including the expansion of Terminal 2 and increased check-in capacity at Terminal 3, which were necessary when fees and planned increases were frozen. To assist airlines during this transition, a temporary 50% rebate on increases in landing, parking, and aerobridge (LPA) charges will be offered for the first six months.
From current ticket prices, the projected rise in passenger fees is estimated to be approximately 1% or less for economy class tickets on most flights departing from or connecting through Singapore. The Civil Aviation Authority of Singapore (CAAS) will collaborate with CAG to continuously monitor the air hub’s per.
