27/03/2019

World's Best Airport 2019

Update 12 May 2020: Changi Airport’s T4 to be closed from May 16, second terminal shut in a month
Changi Airport will suspend its Terminal 4 operations from Saturday (May 16)

Changi Airport will be suspending its Terminal 4 operations from Saturday (May 16) due to the sharp fall in air travel caused by the ongoing Covid-19 pandemic.

This is the second terminal at Changi Airport to be shut in a month, after Terminal 2 was closed on May 1 to bring down running costs and speed up upgrading works there.

In a media release on Tuesday, Changi Airport Group (CAG) said the move will enable it to continue to save on running costs such as utilities and cleaning.

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Changi Airport T4 to suspend operations from May 16, following T2 suspension earlier; move will save running costs
The operation of Changi Airport Terminal 4 will be suspended to further consolidate airport operations.ST PHOTO: ALPHONSUS CHERN

Changi Airport will suspend operations at Terminal 4 from May 16, following a suspension of services at Terminal 2 earlier this month.

In a statement on Tuesday (May 12), Changi Airport Group said: "Changi Airport's terminal operations will be consolidated further to optimise resources in tandem with the sharp decline in flight movements because of the global Covid-19 pandemic.

"This move will enable CAG and its airport partners to continue to save on running costs such as utilities and cleaning."

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Singapore to shut Changi’s Terminal 2 for 18 months due to COVID-19
The departure hall of Changi Airport’s Terminal 2. Photo: Muhammad Hasbi

Singapore will shut Terminal 2 of the Changi Airport as part of a cost-cutting move due to the COVID-19 pandemic, which has seriously affected the country’s tourism industry.

All operations at the terminal, including retail, will be suspended for 18 months starting May, Transport Minister Khaw Boon Wan reportedly announced in Parliament today. He also hinted at more closures, noting that only one terminal has so far been enough to handle the traffic at the airport.

Airlines operating at the terminal will be transferred to Changi’s remaining three terminals next month. Singapore Airlines will operate from Terminal 3. “We will save on running costs – for the airport operator, retail tenants, airlines and ground handlers,” The Straits Times quoted him as saying.

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Singapore Changi Airport to close Terminal 2 due to drop in travellers
One of the world's busiest passenger hubs, Singapore Changi Airport, will reduce services and close Terminal 2 for 18 months due to a drop in demand. Courtesy Changi Airport Group

Operations at one of the world’s busiest airports are being consolidated due to a drop in demand because of travel restrictions designed to prevent the spread of the coronavirus. Terminal 2 at Singapore Changi Airport will close from Friday, May 1, and will remain closed for at least 18 months.

“In view of the steep decline in passenger traffic and the likelihood that air travel demand will not return to pre-Covid-19 levels in the near term, terminal operations at Changi Airport will be consolidated,” Changi Airport Group said. All flight operations will be consolidated across Changi’s other terminals. Details of which terminal airlines have been relocated to will be announced closer to Friday, May 1.

The decision is a way of cut running costs and to “optimise resources across the airport's terminals to better match the low travel demand”, CAG said. Operations at Terminal 4 have also been reduced and could be temporarily suspended if more airlines adjust their schedules.

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COVID-19: Operations at Changi Airport's Terminal 2 to be suspended for 18 months from May
Operations at Changi Airport's Terminal 2 will be redistributed across the other terminals, said Khaw. (PHOTO: Dhany Osman / Yahoo News Singapore)

Changi Airport will be suspending operations at Terminal 2 (T2) for 18 months from May, said Transport Minister Khaw Boon Wan in Parliament on Monday (6 April). “Right now, one terminal is enough to handle the current volume of demand. We can close down one or two terminals,” he said. “But we must think about post-pandemic recovery. While full recovery this year is unlikely, partial recovery next year is probable. We must be ready to lead, and to ride the recovery when it happens.”

The move comes amid plunging air traffic amid the global COVID-19 pandemic, which has severely impacted Changi Airport and businesses located there. “Changi Airport is deserted. Airlines, ground handlers, airport shops and restaurants have experienced a sharp fall in business. The workers have seen huge pay cuts, said Khaw. He spoke following Finance Minister Heng Swee Keat’s announcement of a $5.1 billion Solidarity Budget to help the Singapore economy tide through its one-month circuit breaker period. Khaw noted that T2 operations will be redistributed across the remaining terminals during the suspension period, with Singapore Airlines (SIA) consolidating its operations at Terminal 3.

“It will save on running costs for the airport operator, retail tenants (and) airlines. Importantly, it also allows us to speed up the current upgrading works at T2 and shorten the project time by up to one year,” he said. “We will ensure sufficient capacity for all airlines to grow when passenger traffic recovers,” he added. Khaw also said that the pandemic’s impact on air travel and airport operations would also affect the development of Terminal 5 (T5). “Fortunately T5 was designed to be modular so the construction can be scaled up and down as necessary,” he said.

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Covid-19: Changi Airport Group to close Terminal 2 for 18 months
Changi Airport Group (CAG) has announced that it will suspend operations at Terminal 2 of Singapore Changi Airport due to reduced passenger traffic amid the Covid-19 pandemic

CAG stated that it does not expect the passenger traffic at Changi Airport to return to the levels before the Covid-19 outbreak and consolidating its operations will help in saving on running costs and optimising resources. The operations at T2 will be suspended for 18 months from 1 May. This will help in accelerating the expansion works at T2, which are scheduled to complete in 2024 and bring forward the completion by one year.

CAG has started talks with the T2 airport partners and concessionaires about the available options. In addition, CAG has reduced operations at Terminal 4 due to significantly reduced flights. It has allocated a few boarding gates and has permitted shops to close after the last flight departs for the day.

CAG stated that it may temporarily suspend operations at T4 if the remaining airlines at the terminal change their schedules.

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Changi airport to close Terminal 2 for 18 months from May
The departure hall of Changi Airport’s Terminal 2 on 5 April

Singapore’s Changi airport is closing Terminal 2 (T2) for 18 months from May 1 due to the dramatic fall in traffic as a result of the coronavirus crisis.

Transport minister Khaw Boon Wan told parliament on 6 April that the impact on Changi was “severe”, describing the airport, which has four terminals, as “deserted”.

“Right now one terminal is enough to handle the current volume of demand. We can close down one or two terminals. But we must think about post-pandemic recovery.” The move will allow the airport operator, retail tenants, airlines and ground handlers to save on running costs, he added.

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COVID-19: Changi Airport's Terminal 2 To Suspend Operations For 18 Months From May 1
In a bid to save costs, operations at Changi Airport’s Terminal 2 will be suspended for 18 months from 1 May 2020

This move is made in the midst of the coronavirus outbreak that has hit the airline industry severely, as well as for Changi Airport, which has seen the number of passengers arriving at the airport fall by more than 90% since the outbreak.

“We will save on running costs — for the airport operator, retail tenants, airlines and ground handlers,” said Transport Minister Khaw Boon Wan in Parliament today (April 6).

With the suspension of T2 operations, airlines will be reallocated across the remaining three terminals. Singapore Airlines (SIA) will consolidate its operations in Terminal 3. Mr Khaw said that the suspension would allow speeding up of the current upgrading works at T2 and shorten the project time by up to one year.

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Singapore's Changi Airport to close Terminal 2 for 18 months​

Singapore will suspend its Changi Airport Terminal 2 for 18 months from May 1 due to a massive downturn in traffic due to the coronavirus. The airlines in Terminal 2 will be reallocated across the remaining terminals. Its Terminal 4 operations have also been scaled down considerably. Changi Airport may consider suspending operations temporarily if the remaining airlines choose to suspend or adjust their flight schedules.

Singapore Transport Minister Khaw Boon Wan said the shutting of Terminal 2 will speed up current upgrading works. "Changi Airport is deserted. Airlines, ground handlers, airport shops and restaurants have all experienced a sharp fall in business," he said.

"Their workers have seen huge pay cuts. I met them often, face to face, at the airport. As the virus grew into a global pandemic, I saw increasing fear in their eyes," reported Today Online. The airport operator, Changi Airport Group (CAG), said air travel demand will not return to pre-Covid-19 levels in the near term.

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Covid-19: As demand falls, Singapore to close Changi Airport's terminal 2 for 18 months
One terminal is enough to handle the current traffic at the airport, says Transport Minister Khaw Boon Wan

Singapore will suspend operations of Changi Airport's terminal 2 for 18 months from the beginning of next month following a sharp drop in passenger traffic due to the novel coronavirus outbreak.

Changi Airport is Singapore's main civilian airport and is one of the largest transportation hubs in Asia. It has four terminals. "We will save on running costs for the airport operator, retail tenants, airlines and ground handlers," Transport Minister Khaw Boon Wan told Parliament on Monday, after announcing plans to halt operations at the airport's terminal 2 from May 1.

"While full recovery this year is unlikely, partial recovery next year is probable. We must be ready to lead and to ride the recovery when it happens," said the minister.

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The World’s Best Airports in 2019 are announced
Changi Airport Singapore is voted the World's Best Airport 2019 by international air travellers for the seventh consecutive year

This is the first time in the history of the awards that an airport has won this title for seven consecutive years. Changi Airport was also the repeat winner of the award for the Best Airport Leisure Amenities. The awards were held at Passenger Terminal EXPO in London, United Kingdom on 27th March 2019.

The World’s Top 10 Airports of 2019 are:
  • Singapore Changi Airport
  • Tokyo Haneda International Airport
  • Incheon International Airport
  • Hamad International Airport
  • Hong Kong International Airport
  • Chubu Centrair International Airport
  • Munich Airport
  • London Heathrow Airport
  • Narita International Airport
  • Zurich Airport

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NO ONE VISITS A CITY BECAUSE OF ITS AIRPORT
Singapore’s Changi has been voted the world’s best six years running — yet one observer says he remembers so little of it

Does it matter? No one visits a city because of its airport. Even the decision about where to connect usually rests on price, convenience, and possibly the quality of the airline, rather than the airport you are going to spend a little time in.

But, given the advances in aviation during the past few decades, it is strange that so little attention has been devoted to making the terminals more memorable.

Why is there no airport that matches the great railway stations’ sense of occasion? Where is the aviation counterpart to New York’s Grand Central Station or London’s St Pancras, or even its magnificently remodelled neighbour, King’s Cross?

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SIA Plans To Raise Up To S$15B From Existing Investors To Regain Its Wings Amid COVID-19

Troubled by deepening impacts of the Covid-19 outbreak, Singapore Airlines (SIA) is just at the beginning of a heavy blow. The national carrier has suffered a 95 per cent reduction in capacity so far, which severely puts a dent in revenue, while it still has to continue incurring fixed costs like manpower and parking charges. On Monday, SIA CEO Goh Choon Pong increased the company’s cost-cutting measures, including implementing no-pay leave for staff and larger pay-cuts for management, affecting about 10,000 employees in total.

Today, the airline said it will be raising up to S$15 billion from existing investors through the sale of shares and convertible bonds, to tide through the shock from the coronavirus. This comes as SIA’s shares fell to their lowest in 22 years. The firm, on Thursday morning, halted trading before revealing this announcement. SIA will issue up to 1.77 billion new shares to existing shareholders at S$3 per share. On the basis of three rights shares for every two existing shares held by shareholders, it expects to raise S$5.3 billion. This is about a 54 per cent discount from SIA’s last traded share price of S$6.50.

Another S$9.7 billion will come from issuing mandatory 10-year convertible bonds at $1 each, on the basis of 295 bonds for every 100 existing shares owned. In the meantime, SIA has also arranged for a S$4 billion bridge loan facility with DBS. This fundraising is being underwritten by Temasek Holdings, SIA’s largest investor which owns about 55 per cent of its shares.

related: Changi Airport's Terminal 2 To Suspend Operations For 18 Months From May 1

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