Traffic growth at Changi Airport declined 0.6% YoY

Other signs of slowing down were also reported.

Singapore aviation industry is possibly going through tough times with Singapore Changi Airport yesterday posting moderate growth in its operating statistics for Aug 16.

For the period Jan-Aug 16, Changi Airport recorded steady growth of passengers throughput at 6.5% YoY, aircraft movements at 4.3% YoY and air freight movements 5.2% YoY.

For Aug 16, passenger throughput declined 0.6% YoY compared to 5.9% YoY growth in Jul 16.

Aircraft movements meanwhile rose 2.2% compared to 4.7% growth in Jul 16 and air freight movements rose 7.6% compared to 9.4% growth in Jul 16.

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