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Changi Airport Group (CAG) signed a Memorandum of Understanding (MOU), establishing a collaborative airports arrangement with Chongqing Airport Group. The MOU paves the way for both parties to explore collaborations between the airports through joint projects and staff exchanges, on areas such as terminal management, route development and commercial management.
The MOU was signed in Chongqing, China, this morning by Mr Wong Woon Liong, Senior Director of CAG’s Changi Airport Advisory Group, and Mr Zhao Jiang Ping, General Manager, Chongqing Airport Group. It was witnessed by Ms Tong Xiao Ping, Vice Mayor of Chongqing Municipal Government.
At the same time, following its first commercial consultancy, Changi Airports International (CAI), CAG’s dedicated subsidiary for overseas ventures, has sealed two additional consultancy projects with Chongqing Airport Group for Chongqing Jiangbei International Airport. Chongqing Airport is a major air hub in China and one of China’s busiest airports.
In line with the region’s economic growth, traffic at Chongqing Airport has grown rapidly in recent years. The two projects cover a review of Chongqing Airport’s passenger transfer operations and proposed improvements to its retail environment. CAI’s first commercial consultancy for Chongqing Airport Group was in 2008. That project saw CAI increasing the airport’s commercial space by 30%, thereby improving the revenue potential of Chongqing Airport. With the latest projects, CAI hopes to raise service standards at Chongqing Airport and optimise its commercial revenue and efficiency in line with the airport’s growth potential.
Mr Lee Seow Hiang, Chief Executive Officer, Changi Airport Group, said, “Amidst the increasingly competitive airport industry, this MOU will strengthen the relationship between Changi and Chongqing and sets the stage for closer collaboration to grow the two airports. We look forward to even closer partnership with Chongqing Airport for mutual benefit.”
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
