{"id":18840,"date":"2022-03-10T17:20:30","date_gmt":"2022-03-10T11:50:30","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=18840"},"modified":"2022-03-10T17:21:38","modified_gmt":"2022-03-10T11:51:38","slug":"singapore-declared-to-spend-s500-million-in-aid-to-the-aviation-industry","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/03\/10\/singapore-declared-to-spend-s500-million-in-aid-to-the-aviation-industry\/","title":{"rendered":"Singapore declared to spend S$500 million in aid to the aviation industry"},"content":{"rendered":"\n<p class=\"has-drop-cap\"><strong><span class=\"has-inline-color has-light-green-cyan-color\">The Singaporean government has declared it will spend S$500 million (US$368 million) to support its aviation sector recover from the wounds inflicted during the COVID-19 pandemic that nearly completely shut down international trips. <\/span><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-government-s-ministry-of-transport-said\">The government\u2019s Ministry of Transport said  <\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"896\" height=\"589\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Singapore-Airlines-1.jpg\" alt=\"\" class=\"wp-image-18842\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Singapore-Airlines-1.jpg 896w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Singapore-Airlines-1-600x394.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Singapore-Airlines-1-300x197.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Singapore-Airlines-1-768x505.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Singapore-Airlines-1-750x493.jpg 750w\" sizes=\"(max-width: 896px) 100vw, 896px\" \/><figcaption><strong>Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n<p><em>\u201cWe will give funding to the sector to provide that it has the capabilities and capacity to capture the recovery, as well as change itself to emerge stronger from the crisis,\u201d the government\u2019s Ministry of Transport expressed in a report.<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li> The program, called the OneAviation Resilience Package, will focus on manpower help, cost relief, and help for public health safeguards, as well as industry and workforce transformation aid.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-changi-airport-and-seletar-airpor\"> Changi Airport and Seletar Airpor <\/h2>\n\n\n\n<p>Price relief and authorization for public health safeguards received the most elevated allocation from the package with S$390 million. It will focus on extending rebates on costs payable by aviation stakeholders at<a href=\"https:\/\/in.changiairport.com\/\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\"> Changi Airport <\/a>and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Seletar_Airport\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\">Seletar Airport<\/a> for six months in the first instance, according to the ministry.<\/p>\n\n\n\n<p> \u201cWe will also restart to defray the price of implementing public health and safety managing measures at the airport. This will enable safe air travel and protect our aviation staffers and the wider community,\u201d the ministry expressed. Manpower aid gets S$60 million for the support package, where it be allotted to help companies boost core capabilities and improve their crew.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2018-11-20-at-10.52.04-1024x679.png\" alt=\"\" class=\"wp-image-18843\" width=\"1033\" height=\"685\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2018-11-20-at-10.52.04-1024x679.png 1024w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2018-11-20-at-10.52.04-600x398.png 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2018-11-20-at-10.52.04-300x199.png 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2018-11-20-at-10.52.04-768x509.png 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2018-11-20-at-10.52.04-750x497.png 750w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2018-11-20-at-10.52.04-1140x755.png 1140w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2018-11-20-at-10.52.04.png 1334w\" sizes=\"(max-width: 1033px) 100vw, 1033px\" \/><figcaption><strong>Seletar Airpor  |Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n<p>Aviation companies will get wage aid thanks to the extension of the Aviation Workforce Retention Grant for six months, according to the ministry, which will cover 10 percent of the salaries paid to local workers from April to September 2022. <\/p>\n\n\n\n<p><em>This has a cap, however, of S$4,600 of gross monthly wages per employee. The component of industry and workforce transformation aid has a S$50 million portion of the package, where it will support companies on their innovation and productivity, as well as their workforce change initiatives through the Aviation Development Fund.<\/em><\/p>\n\n\n\n<p><strong>Also, read   <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/03\/08\/the-u-s-transportation-department-will-review-faa-efforts-on-flying-taxi-rules\/\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\">The U.S. transportation department will review FAA efforts on \u2018flying taxi\u2019 rules<\/a>  <\/strong><\/li><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/03\/08\/ukraine-war-airstrike-at-ukraines-vinnytsia-airport-kills-9\/\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\">Ukraine war: Airstrike at Ukraine\u2019s Vinnytsia airport kills 9<\/a>  <\/strong><\/li><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/03\/06\/ukraine-claims-to-have-shot-down-a-russian-plane-and-captured-the-pilot-watch-video\/\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\">Ukraine claims to have shot down a Russian plane and captured the pilot , Watch Video<\/a><\/strong><\/li><\/ul>\n\n\n\n<p>Transport Minister S. Israwan told the OneAviation Resilience Package is an \u201caffirmation of the government\u2019s commitment and confidence in the long-term growth and success\u201d of the country\u2019s aviation hub, underscoring its role in Singapore\u2019s position as an international trading and business hub. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/SingaporeAirlines-A380-ChangiAirport-03-scaled-1-1024x682.jpg\" alt=\"\" class=\"wp-image-18844\" width=\"1033\" height=\"688\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/SingaporeAirlines-A380-ChangiAirport-03-scaled-1-1024x682.jpg 1024w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/SingaporeAirlines-A380-ChangiAirport-03-scaled-1-600x400.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/SingaporeAirlines-A380-ChangiAirport-03-scaled-1-300x200.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/SingaporeAirlines-A380-ChangiAirport-03-scaled-1-768x512.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/SingaporeAirlines-A380-ChangiAirport-03-scaled-1-1536x1024.jpg 1536w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/SingaporeAirlines-A380-ChangiAirport-03-scaled-1-2048x1365.jpg 2048w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/SingaporeAirlines-A380-ChangiAirport-03-scaled-1-750x500.jpg 750w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/SingaporeAirlines-A380-ChangiAirport-03-scaled-1-1140x760.jpg 1140w\" sizes=\"(max-width: 1033px) 100vw, 1033px\" \/><figcaption><strong>Singapore airline |Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n<p>We must continue to support companies and workers in the sector so that we can emerge stronger, and reclaim Changi\u2019s status as an international aviation hub,\u201d the minister told in a report.<\/p>\n\n\n\n<p><strong>Thank you<\/strong><\/p>\n\n\n\n<p><strong>Stay updated with Aviationa2z.com<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/asianaviation.com\/#Newsletter_Form\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Singaporean government has declared it will spend S$500 million (US$368 million) to support its aviation sector recover from the wounds inflicted during the COVID-19 pandemic that nearly completely shut down international trips. <\/p>\n","protected":false},"author":3,"featured_media":18844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6761],"tags":[79,112,393,1141,1143,519,5491,3370],"class_list":{"0":"post-18840","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-aviation","9":"tag-aviation-industry","10":"tag-aviation-news","11":"tag-ministry-of-transport","12":"tag-singapore","13":"tag-singapore-airlines","14":"tag-singapore-government","15":"tag-singapores-changi-international-airport"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/18840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=18840"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/18840\/revisions"}],"predecessor-version":[{"id":18845,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/18840\/revisions\/18845"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/18844"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=18840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=18840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=18840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}