Changi Airport Group

Changi Airport Group
Changi Airport Group
Type Private company
Industry Transport
Founded 1 July 2009
Headquarters Singapore Changi Airport
Singapore
Key people Liew Mun Leong (Chairman)
Lee Seow Hiang (CEO)
Products Airport operations and services
Subsidiaries Changi Airports International
Website http://www.changiairportgroup.com/
The control tower of Changi Airport, where the head office is located

Changi Airport Group (Singapore) Pte. Ltd. was formed on 1 July 2009, and is currently the operator of Singapore Changi Airport. Its role was previously undertaken by the Civil Aviation Authority of Singapore or CAAS. The group's head office is in Terminal 2 of Changi Airport in Changi.[1][2][3]

Contents

Profile

Changi Airport Group is headed by its Chief Executive Officer, Mr. Lee Seow Hiang, the former principal private secretary to Singapore's Minister Mentor, Lee Kuan Yew.[4] The chairman of the board of directors of Changi Airport Group (Singapore) Private Limited; Mr. Liew Mun Leong; is also the President & CEO of CapitaLand.[5] It was officially launched on 1 July 2009 at a formal launching ceremony by Minister Mentor Lee Kuan Yew.[6]

Changi Airport Group, or CAG, was set up so that the airport operator, CAG, could focus on the management and revenue collecting aspects of the airport, while the governmental organisation, CAAS, would be freed up to oversee the regulatory aspects of the Airport and of Aviation in Singapore[7][8]. Since the corporatisation of the Airport Operator, CAG has been wholly owned by Temasek Holdings[9].

The main thrust of Changi Airport Group is to manage and undertake airport operations and operational functions respectively at Singapore Changi Airport. This encompasses Airport Operations and Management, commercial activities and Airport Emergency Services[10]. Changi Airport Group also has, as one of its directives, the goal of investing in foreign airports, besides Singapore Changi Airport.[11]

Corporate Divisions

The corporate structure of Changi Airport Group is split up into 6 main corporate divisions, Air Hub Development, Airport Management, Commercial, Corporate, Finance and Changi Airports International; which is a wholly owned subsidiary of Changi Airport Group, and is responsible for investing in, and managing foreign airports, other than Singapore Changi Airport.[12]

Air Hub Development

Air Hub Development focuses on growing Changi as a global air hub. Its key roles include increasing connectivity by supporting the growth of passenger and cargo airlines, promoting passenger and cargo traffic as well as marketing the Changi Airport brand. In addition, it enhances airline schedule management, pursues joint business development efforts, and develops industry market research capabilities within Changi Airport Group.

Airport Management

Airport Management takes charge of the operational needs of Changi and Seletar airports. It oversees operational management, infrastructural development and maintenance, specialised airport systems and aviation security. It is also responsible for safety management mechanisms, promoting safety awareness and marketing airport facilities to passengers.

Commercial

Commercial drives the strategies for maximising revenue streams to Changi Airport Group. It oversees the functions of retail planning and development, management of shop, restaurant and service concessions, franchise fees, service performance, airport advertising, shopping promotions, land leases, airport charges and management of rentable properties.

Corporate

The Corporate group takes charge of the corporate functions of the Group. It is responsible for corporate communications, information systems and the development of overall company strategy, human resource, legal, subsidiary management, and government & international affairs.

Finance

Finance handles the accounting functions relating to management of revenue, assets and expenditure, as well as financial and management reporting. It is also responsible for managing the daily treasury operations for Changi Airport Group, developing and implementing cost efficient financial strategies, as well as enhancing returns on surplus funds and capital assets.

Changi Airports International

Changi Airports International (CAI) is a wholly owned subsidiary of Changi Airport Group. CAI is both an investor and manager of airports worldwide.

Changi Airports International

Changi Airports International (CAI) is a wholly owned subsidiary of Changi Airport Group. CAI is both an investor and manager of airports worldwide.[13]

Portfolio

Airport Management and Operations:

Airport Commercial & Retail:

Airport Planning & Development:

Accolades

Accolades received by Changi Airport Group / Singapore Changi Airport (2009)

Award Award Presentation Public / Organisation Circulation No. of times Changi has won this award
Best Worldwide Airport Buying Business Travel 2008 Awards Buying Business Travel UK 3 (2005, 2007–2008)
Best Duty Free Airport Gold List 2009 Luxury Travel & Style Magazine Australia 1 (2009)
Top Worldwide Airport Wanderlust Travel Awards 2009 Wanderlust UK 7 (1999, 2001, 2003, 2005, 2007–2009)
Best Airport in Asia Pacific 4th Annual Readers Choice Awards DestinAsian Asia Pacific 4 (2006–2009)
Airport Authority with the Most Supportive Approach to Travel Retail Raven Fox Global Travel Retail Award Duty Free News International & Travel Retailer International World 4 (2006–2009)
Best Asia Airport AsiaOne People's Choice Awards AsiaOne World 1 (2009)
Asia Pacific Airport Experience of the Year 2009 Frost & Sullivan Asia Pacific Aerospace & Defense Award Frost & Sullivan Asia Pacific 1 (2009)
Asia’s Best Airport Asiamoney Travel Poll 2009 Asiamoney World 2 (2008–2009)
Best Airport – Asia The Asian Freight & Supply Chain Awards 2008 Cargonews Asia Asia 23 (1987–2009)
Best Airport in the World Business Traveller Middle East Awards Business Traveller (Middle East) Middle East 6 (2004–2009)
Best Airport in the World The ULTRAs Ultra Travel UK 3 (2007–2009)
Airport Authority Asia/Pacific with the Most Supportive Approach to Travel Retail DFNI Global Awards for Travel-Retail Excellence 2009 Duty Free News International & Travel Retailer International Asia Pacific 11 (1998–2004, 2006–2009)
Best International Airport TravelWeekly China Awards TravelWeekly China China 2 (2008–2009)
Best Airport in the World Reader Poll 2009 Business Traveller (UK/Europe) World 22 (1988–2009)
Best Airport in the World 2009 Business Traveller Asia-Pacific Awards Business Traveller (Asia Pacific) Asia Pacific 18 (1992–2009)
Best Airport Duty-Free in the World 2009 Business Traveller Asia-Pacific Awards Business Traveller (Asia Pacific) Asia Pacific 12 (1998–2009)
Best Airports Worldwide Best in Travel Poll 2009 Smart Travel Asia Asia 2 (2008–2009)

See also


References

External links


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