Changi Airport Group said the impact from the Covid-19 pandemic isn’t abating as officials behind the world’s best airport warned of a “daunting” period ahead.
Passenger traffic for Changi for the fiscal year ended March declined for the first time in more than a decade, as a slump in the last two months of the period wiped out earlier gains, serving as a harbinger of a deeper slump. To brace for “a prolonged crisis”, Changi suspended operations in two terminals to save on operating costs as flights dropped to the lowest levels in its history.
“The battle with Covid-19 has