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Singapore Changi Airport

M&A

Lotte, Shilla said in bid for Changi airport duty-free ops

SINGAPORE (Aug 27): South Korea's two leading duty-free operators have bid for the rights to sell cigarette and liquor products at Singapore's Changi Airport, an industry tracker said on Tuesday. 

Aviation & Engineering

Changi Airport reports 3.3% rise in passenger movements to 5.9 mil in July

SINGAPORE (Aug 23): Changi Airport Group announced Friday that 5.91 million passengers passed through the airport in July, some 3.3% more than in the same period last year.

Aviation & Engineering

Changi Airport registers record traffic & cargo throughput in 2017

SINGAPORE (Jan 23): Singapore Changi Airport handled a record 62.2 million passenger movements for 2017, up 6% compared to the previous year with the December once again proving the busiest month of the year.

Aviation & Engineering

Changi Airport passenger traffic up 4.5% in July

SINGAPORE (Aug 28): Changi Airport Group (CAG) says passenger movements at Singapore Changi Airport rose 4.5% year-on-year to 5.42 million in July on the back of traffic growth recorded across all regions.

Aviation & Engineering

Changi Airport passenger traffic up 3.2% to 4.8 mil in Nov

SINGAPORE (Dec 28): Singapore Changi Airport handled 4.78 million passenger movements in November 2016, a 3.2% increase compared to the same period last year.

GS Holdings to lease centralised dishwashing facility at Changi Airport

SINGAPORE (Dec 16): GS Holdings, the centralised dishware washing company, has signed an agreement with Changi Airport Group (CAG) to lease its Centralised Dishwashing Facility (CDF).

Broker's Calls

Time to sit out on SATS for now

SINGAPORE (Sept 29): OCBC Investment Research is keeping SATS on “hold” with an unchanged fair value estimate of $4.70 as it believes that SATS’ near-term positives have already been priced-in.

Sembcorp teams up with Hock Lian Seng for $1.1 bil Changi Airport contract

SINGAPORE (Aug 15): Sembcorp Industries on Monday announced that its wholly-owned subsidiary, Sembcorp Design and Construction, has entered into a joint venture with Hock Lian Seng Infrastructure for a $1.107 billion contract from Changi Airport Group.
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