SINGAPORE – The aviation sector will get a fresh injection of $500 million to further support recovery amid the Covid-19 pandemic.
This is the latest in a slew of support measures for the sector since borders were shut in March 2020.
Transport Minister S. Iswaran said during his ministry’s budget debate on Wednesday (March 9) that the OneAviation Resilience Package will enable the sector to increase core capabilities and capacity to manage increased traveller volumes.
“The aviation sector plays a crucial role in ensuring Singapore’s position as a global trading and business hub,” said Mr Iswaran.
“Therefore, it is critical that we continue to support companies and workers in the sector, so that we can emerge stronger, and reclaim Changi’s status as an international aviation hub.”
The package comprises three key components – manpower support; support to enable safe air travel and protect aviation workers and the wider community; and industry and workforce transformation support.Read more