Changi Airport reports robust growth in Q2 2024 operating indicators

In this article (5)
Singapore Changi Airport handled 16.5 million passenger movements from April to June 2024, an increase of 13.4% compared to a year ago. This was 98.2% of passenger movements for the same period in 2019. Aircraft movements, including landings and take-offs, totalled 89,300 for the quarter, up 9.7% year-on-year, and was 94.5% compared to the second quarter of 2019.
Changi Airport’s top five markets for the second quarter of 2024 were Indonesia, China, Malaysia, Australia and India. China saw the highest growth among Changi’s top markets, with traffic doubling compared to the same period last year, and surpassing pre-Covid numbers. For the period, North Asia was the fastest growing region, registering a 40.8% increase year-on-year, and also exceeding pre-Covid levels.
From April to June 2024, Changi Airport registered 486,000 tonnes of airfreight throughput, surpassing the same period last year by 16%. Growth was registered across all cargo flows – exports, imports and transhipments, led by strong cargo flows between Singapore and China, as well as the United States of America. For this period, Changi’s top five air cargo markets were Australia, China, Hong Kong, India and United States of America.
Mr. Lim Ching Kiat, Changi Airport Group’s Executive Vice President for Air Hub and Cargo Development said, “Changi Airport continues to expand its global network, having added more flights in the second quarter. Travellers can now explore more destinations with Changi’s connectivity to cities such as Broome, Brussels, Quanzhou and Vancouver, and enjoy more options to evergreen favourites like Tokyo and London. Together with our airline partners, we are striving towards full travel recovery by the end of this year.”
As of 1 July, 94 airlines operate over 6,900 weekly scheduled flights at Changi Airport, connecting Singapore to 158 cities in 50 countries and territories worldwide.
Questions & Answers
Q.What was the growth in Changi Airport's passenger movements in Q2 2024 compared to the previous year, and how close is it to 2019 levels?
What was the growth in Changi Airport's passenger movements in Q2 2024 compared to the previous year, and how close is it to 2019 levels?
Passenger movements rose by 13.4% year-on-year, reaching 16.5 million. This figure represents 98.2% of the passenger movements recorded during the same period in 2019.
Q.Which specific market showed the most significant growth in passenger traffic for Changi Airport in Q2 2024?
Which specific market showed the most significant growth in passenger traffic for Changi Airport in Q2 2024?
China saw the highest growth among Changi’s top markets. Its traffic doubled compared to the same period last year, and also surpassed pre-Covid numbers, making it a key growth driver.
Q.How much airfreight did Changi Airport handle in Q2 2024, and which markets were most significant for cargo flows?
How much airfreight did Changi Airport handle in Q2 2024, and which markets were most significant for cargo flows?
Changi Airport registered 486,000 tonnes of airfreight throughput, a 16% increase year-on-year. Strong cargo flows with China and the United States of America led growth, alongside top markets Australia, Hong Kong, and India.
Q.What is Changi Airport's goal for travel recovery, and when do they aim to achieve it?
What is Changi Airport's goal for travel recovery, and when do they aim to achieve it?
Changi Airport, along with its airline partners, is striving towards full travel recovery by the end of this year. This is supported by expanding its global network and adding more flights.
Reader pulse
Are Changi's Q2 results a good indicator for regional retail recovery?
17,229 votes so far