The new Civil Aviation Authority of Singapore
(CAAS) and Changi Airport Group celebrated their launch this week.
The two entities, formed from the
corporatisation of Changi’s airport operations and restructuring
of CAAS, will work together to further develop Singapore as a
leading air hub and a global city.
The new CAAS will focus on
the development of the air hub and aviation industry in Singapore
as a whole as well a the provision of air navigation services.
Changi Airport Group will focus on managing and running Changi
Minister for Transport and Second Minister for
Foreign Affairs, Mr Raymond Lim, announced the corporatisation of
Changi Airport and the restructuring of CAAS in August 2007. Since
then, CAAS has been busy preparing for the transformation.
airport operations to the corporate functions, every effort has
been made to ensure a smooth transition. Operational separation
between the two new entities with their assigned staff was
smoothly effected three months prior to the eventual corporatisation on 1 July 2009.
The new CAAS
will work in partnership with Changi Airport Group to develop
Changi Airport as a global air hub, expand Singapore’s links to
the rest of the world, and play an active role in promoting and
developing the aviation industry in Singapore.
Mr Yap Ong Heng, Director-General, CAAS, said,
“CAAS will be an enabler of the civil aviation sector, with the
goal of making Singapore a global hub of aviation excellence. We
will also enable opportunities through aviation - trade, business
and people connections; enterprise and ventures; employment and
individual pursuits. Working with our partners and stakeholders,
CAAS aims to enhance aviation’s significant contributions to
Singapore’s economic development and position as a global city. We
also aspire to be a leader in civil aviation, playing a key role
in shaping international aviation. To attain our goals, we will
build on the CAAS team of people who are committed to the
organisation and passionate about aviation.”
Changi Airport Group will manage the airport
operations and undertake operational functions focusing on airport
operations and management and airport emergency services.
In addition to its
role in airport operations, investments in foreign airports will
also be under the ambit of Changi Airport Group.
Mr Lee Seow Hiang, Chief Executive Officer
of Changi Airport Group, said, “Our mission is to be the world's
leading airport company growing a vibrant air hub in Singapore and
extending our reach beyond our shores.”
The government also has plans to enter into
negotiations with Temasek on the sale of Changi Airport Group to
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