US$1 trillion airport splurge puts S'pore, HK on notice
About half of that is going to upgrading or building new airports in Asia as race between global hubs heats up
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Sydney
FOR decades, Singapore and Hong Kong have reigned supreme - as key transit points connecting travellers in Asia to and from the rest of the world.
But now, a US$1 trillion global airport spree is threatening the status quo. About half that money is due to be spent on upgrading or building new airports in Asia, the Sydney-based CAPA Centre for Aviation estimates.
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