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Business & Operations Review (Part 2) - Changi Airport Group

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<strong>Changi</strong> <strong>Airport</strong>’s strong performance in FY10/11 was broadbased<br />

across almost all regions and was underpinned by<br />

robust traffic growth to and from Northeast and Southeast<br />

Asia. Passenger traffic to these two regions increased<br />

by more than 15% during the year, buoyed by the rapid<br />

expansion of low-cost carriers (LCCs). Passenger traffic<br />

on LCCs grew 26.6% and accounted for 23% of <strong>Changi</strong>’s<br />

passenger movements and 27% of flights at <strong>Changi</strong>.<br />

Full-service carriers (FSCs) also contributed to the growth of<br />

passenger traffic at <strong>Changi</strong> <strong>Airport</strong>. For FY10/11, passenger<br />

movements on FSCs grew 7.4% and accounted for 77% of<br />

total passenger traffic for the period.<br />

On the connectivity front, <strong>Changi</strong>’s network expanded during<br />

the year to include new city links such as Guilin, Hefei and<br />

Zhengzhou in China, Pekanbaru and Pontianak in Indonesia,<br />

Redang and Tioman in Malaysia and Sao Paulo in Brazil.<br />

In particular, Singapore Airlines’ commencement of thriceweekly<br />

services from Singapore to Sao Paulo via Barcelona<br />

in March 2011 connected <strong>Changi</strong> to the South American<br />

continent for the first time. <strong>Changi</strong> <strong>Airport</strong> also welcomed five<br />

new passenger carriers, namely Air Macau, Airphil Express,<br />

Berjaya Air, Hainan Airlines and Hong Kong Airlines.

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