SUBSCRIBERS
Aviation sector to get S$84 million extra support from Singapore government
Funding will go towards defraying increased costs of operations, retraining workers, and investing in productivity to position the sector for recovery
Tay Peck Gek
Published Tue, Dec 29, 2020 · 09:50 PM
Singapore
AS THE aviation sector waits for the pandemic-induced turbulence to blow over, the government has earmarked S$84 million as additional aid to tide the sector through the winter.
The Civil Aviation Authority of Singapore (CAAS), in a media statement on Tuesday, announced that S$39 million of the funding will go towards helping aviation players to defray increased costs of operations, S$20 million for retraining workers, and S$25 million for investing in productivity to position the sector for recovery.
Copyright SPH Media. All rights reserved.
