AviationRecord.com, 9 Oct 2008, Doug Newhouse of TREND-news.com
SINGAPORE: The much-respected Centre for Asia Pacific Aviation (CAPA) today described the proposed acquisition of Changi Airport by Singapore Government-controlled Temasek as 'the biggest upheaval to Singapore Inc in decades'.
CAPA says that Temasek will acquire Changi Airport and its operating businesses, while the current regulator, owner and manager - the Civil Aviation Authority of Singapore - will be replaced by an as yet unnamed Newco company that will control Changi, and a new Civil Aviation Authority will be created to handle Singapore's national aviation policy, plus its regulatory and air traffic services functions
Read More
Related News:
Singapore Changi to be corporatized - ATW Daily News, 9 Oct 08
Temasek to gobble up Changi - Travel Daily News, 9 Oct 08
