The airport will rebate 30 percent of landing charges and reduce rent 10 percent through the end of the year, in addition to 15 percent reductions in landing and rental charges announced in November.
The International Air Transport Association applauded the fee reductions by Singapore-Changi at a time when the aviation industry is struggling with the effects of the global economic slowdown, the specter of terrorism, war in Iraq and the outbreak of Severe Acute Respiratory Syndrome.
'As passenger numbers decline, particularly in Asia-Pacific, reigning in costs is essential for the survival of the industry. Changi's prudent and timely response should be the model for all or our airport and (service) providers,' said Giovanni Bisignani, IATA director general, in a statement.
Bisignani wrote about 200 airports in early March urging them to cut their costs and pass on the savings to airlines.
In addition to Changi, international airports in Taipei, Dubai, Cyprus, Athens, Melbourne, Brisbane and others have reduced some fees, according to IATA.
'Surely this is the time for Tokyo's Narita airport to also give something back to the industry that supports it. IATA and its member airlines would like to see Narita follow the example set by Changi and reduce immediately and significantly its landing fees,' Bisignani said.
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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