In the 4QFY2023/2024, passenger traffic surpassed its pre-Covid-19 levels, says the group. The strong performance in the final quarter was attributed to Singapore’s hosting of major events as well as the liberalisation of visa requirements between China and Singapore.
Changi Airport Group has reported earnings of $431 million for the FY2023/2024 ended March 31, 13.1 times higher than the earnings of $33 million in the year before.
Total revenue surged by 45% y-o-y to $2.73 billion as passenger traffic reached 62.5 million or 91% of its pre-Covid-19 levels for the full year.
