07-Nov-2008 12:16 PM
Mixed outlook for Changi as SIA bookings weaken
Analysis
The Civil Aviation Authority of Singapore (CAAS), operator of Changi International Airport and provider of ATM and other services, reported a sharp 15.2% reduction in operating profit for the 12 months ended 31-Mar-08, as operating costs rose 20.2% year-on-year, mainly related to the opening of the cavernous new Terminal 3 at the start of 2008.
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