An Eventful Twelve Months for Changi Airports International

Justin Lee

Singapore

August 14, 2022

Jewel Changi Airport exterior with control tower

Over the past twelve months, Changi Airports International has seen much achievement in growing its airport business. One of Changi Airports International’s recent successes has been the conclusion of a strategic partnership agreement worth US$1.5bn with VietJet and SOVICO Group to develop the infrastructure and aviation services at the airports in Vietnam, including the upcoming Long Thanh International Airport. To Changi Airports International, the agreement also signifies its venture into another emerging market in Southeast Asia.

Source: Wikimedia Commons

It is also interesting that besides the aforementioned strategic partnership agreement to develop the airport infrastructure in Vietnam, through its subsidiary Fukuoka International Airport Co., Ltd (FIAC), Changi Airports International signed an agreement with Airports Corporation of Vietnam that would allow for the resumption of Vietnam-Japan flights while expanding the flight networks and promoting tourism activity between Vietnam and Japan.

Subscriber-only content. You must be signed in and have a subscription plan to view this information.

Not a member of airportIR?

Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator profiles, industry insights, reports and much more.

What's Included

  • In-depth deal pipeline content
  • Feature articles and analysis
  • Detailed operator profiles
  • Industry insights, reports and much more

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus. Pellentesque quis sagittis diam. Fusce congue pulvinar interdum. Curabitur porta libero enim, ullamcorper condimentum diam accumsan quis. In tempor egestas risus, id congue nibh cursus in. Cras sollicitudin fermentum orci et eleifend.

Nam eget imperdiet risus, at luctus nulla. Nullam porttitor, est quis viverra fringilla, ipsum velit tincidunt massa, vel egestas lacus velit eget mauris. Proin finibus condimentum tellus, in commodo felis dapibus a. Curabitur luctus et sapien a dapibus. Mauris faucibus dapibus justo vitae varius. Proin quis mauris eros. Curabitur tincidunt feugiat dignissim.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus.