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Latest News
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Friday, 12 December 2008
The Civil Aviation Authority of Singapore (CAAS) has extended and expanded its existing Air Hub Development Fund (AHDF), which was due to expire on 31 December 2008. AHDF will be extended by another year until 31 December 2009, with an expanded budget of S$130 million. This represents a 30 per cent increase over the S$100 million annual budget under the AHDF for 2006-2008. Airlines also stand to benefit from enhanced incentives that CAAS will be introducing under the fund's extension.
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