SINGAPORE Changi Airport has unveiled more details of its Growth and Assistance Incentive (GAIN) programme, with rebates and incentives aimed specifically at strengthening its longhaul and transfer flights segment.
Changi Airport Group (CAG) will commit to landing fee rebates of up to S$50 million (US$39.8 million) through the wide-ranging GAIN programme first announced in June, which is aimed at lowering costs for airlines, boosting passenger traffic and improving operational efficiency at the important.
For airlines that run direct, longhaul flights to Changi, CAG is offering a 50 per cent rebate on landing fees from now until March 31, 2016.
It will also launch a Gateway Incentive, rewarding airlines operating at the airport with S$10 for every additional departing transit/transfer passenger handled. Beginning October 1, it includes passengers carried by foreign airlines interlining at Changi.
As announced earlier, all airlines operating at CAG will also receive a 50 per cent rebate on aircraft parking fees and 15 per cent off aerobridge fees from July 2014 to June 2015.
Lim Ching Kiat, senior vice president for market development, CAG, said: “The underlying fundamentals of the Asia-Pacific aviation market remain strong and attractive. We are, however, aware that airlines could be facing yield and cost pressures in the present environment. As an active and committed partner, CAG is rolling out these additional short-term measures to help airlines during this period.”
He added that longhaul flights and transfer traffic were two important segments of air traffic, and that airlines commit “significant investment” into longhaul routes.
Lim further commented that incentives to reward airlines for growing transfer traffic to Changi come on top of the Changi Transit Programme, which gives passengers attractive vouchers.
