Singapore: Additional S$870m to help battered aviation sector

The aviation sector will get additional support and extended cost relief to the tune of $870m, given that the volume of international air travel remains a tiny fraction of what it was. The sector is expected to remain badly affected this year, and recovery will take some time, said Deputy PM Heng Swee Keat on Tuesday. The funding for the sector will come under the $11b Covid-19 Resilience Package. Additional funding drawn from a separate $24b fund to help firms and workers emerge stronger will be invested in on-arrival testing and biosafety systems, said Heng. This will help to secure Singapore's position as a key aviation hub that both travellers and employees trust in. "Airports will be differentiated by their capabilities in securing public health and enabling safe travel," Heng added. "They will need digitalised systems and the ability to effectively reroute people and goods."<br/>