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May 23, 2013 -- Updated December 19, 2012 13:37 HKT

Singapore’s Changi Airport can handle 430,000 aircraft movements a year


paul@livetradingnews.com
Posted on: Dec 19th, 2012

Singapore’s Changi Airport can handle 430,000 aircraft movements a year

Singapore’s Changi Airport has air traffic capability of handling 430,000 aircraft movements each year, a study conducted by UK air traffic service provider UK NATS said on Monday, according to a report by local media Channel NewsAsia.

The key findings means that the city-state’s airport is able to grow air traffic till at least Y 2018 based on the projected average air traffic growth of 5% per year.

According to the data released by the airport, as of October, the flight movements was about 268,000, an annual rise of 8.1%. Local media also said the figure was about 295,000 until November, adding that the Civil Aviation Authority of Singapore CAAS)expected the total flight movements this year to exceed 320, 000.

The study considered measures to increase traffic efficiency at the airport, including reducing the time taken for aircraft to depart and reducing scheduled closures of a runway to increase its availability.

The CAAS said the number of aircraft taking off on time has improved by 50% over the past 6 months with the measures implemented.


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Business Development Director – Private Client Group,
Heffernan Capital Management
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
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Tel: +65 6329 6408
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Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699

 Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

 

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