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

Aviation

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.

Observers noted the importance of provid…