Xinhua, 1 Jul 2009
SINGAPORE, July 1 (Xinhua) -- The current economic crisis has seriously dampened air travel, Singapore must get ready to meet new aviation challenges by restructuring and strengthening its airport operations and regulatory system, a Singapore leader said here on Wednesday.
Speaking at the launch of the new Civil Aviation Authority of Singapore (CAAS) and the Changi Airport Group on Wednesday, Minister Mentor Lee Kuan Yew said that the emerging economies in Asia and the Middle East will lead the next wave of demand for air travel and Singapore has to be ready for this.
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