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>CHANGI Airport has set up a $70-million aid kitty to help airlines and cargo handlers, as well as retail and dining outlets, deal with the business slowdown.
Amid the global economic downturn, the airport expects passenger traffic to dip 8.5 per cent to 34.7 million this year, compared to last year. Cargo volumes could slide 5.1 per cent to 1.77 million tonnes.
The $70-million relief package, announced by Mrs Lim Hwee Hua, Senior Minister of State (Finance and Transport), in Parliament yesterday, will include rental rebates and advertising support.
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