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CAAS net surplus up S$13.8m on government grants

Income rose from S$400.65m to S$447.17m, expenditure up from S$348.74m to S$432.31m for year ended Mar 31, '17

Over at Seletar Airport, construction for a new two-storey passenger terminal building started in October last year and will be ready by end 2018. It will be able to handle up to 700,000 passengers annually.


THE Civil Aviation Authority of Singapore's net surplus rose from S$62.65 million to S$76.44 million for the year ended March 31, 2017, bolstered in part by government grants.

Total comprehensive income for aviation regulator totalled S$77.23 million, as it included S$793...

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