S'pore's investment in Changi T5 coming at right time: IATA chief

Singapore is making the investment to construct Changi Airport Terminal 5 (T5) at the right time, as South-east Asia is set to be among the fastest-growing aviation markets in the world, said the head of the global trade body for airlines.

- Kok Yufeng

NEW DELHI - Singapore is making the investment to construct Changi Airport Terminal 5 (T5) at the right time, as South-east Asia is set to be among the fastest-growing aviation markets in the world, said the head of the global trade body for airlines.

"It's a very sensible development," International Air Transport Association (IATA) director-general Willie Walsh told reporters on June 3, during a roundtable session for the Asian media at the association's annual meeting in New Delhi.

"It will be important to ensure that the capacity is available ahead of the demand, especially for an airport like Singapore, which prides itself in terms of the standard of service that it provides to airline customers and to airlines themselves," he said.

"South-east Asia is the part of the world where we'll probably see the strongest growth, going forward," he added, noting the rapid pace of growth in India and China as well.