More funding to transform aviation sector

Singapore's aviation industry will receive fresh funding as it transforms to face challenges, including space and manpower constraints.

The Civil Aviation Authority of Singapore, which had earlier pledged $160 million when it renewed the Aviation Development Fund for five years until March 31, 2020, will set aside another $120 million to support various productivity-boosting initiatives.

Revealing this at an aviation gathering at a new passenger terminal slated to open at Seletar Airport in December, Senior Minister of State for Transport Janil Puthucheary said that with an ageing population and slowing labour force growth, the sector has to respond through innovation and productivity.