The Straits Times says

Funding airport development jointly

Reactions to higher departure fees to be charged by Changi Airport, to help fund its expansion, appear to have clouded the strategic imperative of its large-scale development. That is not to imply the cost concerns of passengers (the charges they face will rise from $34 to $62.30 by 2024) and airlines (they also face fee hikes) are not important.

Economic considerations can play a decisive role for airlines, especially when profit margins are thin, bargains matter more to consumers, and rival hubs make offers that are too good to refuse. Winning customers back could prove an uphill struggle during a possible downturn.

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A version of this article appeared in the print edition of The Straits Times on March 05, 2018, with the headline 'Funding airport development jointly'. Subscribe