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
Add BT as a preferred source
Tay Peck Gek
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
