CAAS freezes fee increase for aviation companies, providing industry with much-needed lift

📆 16/7/2563 15:00:00
📰 The Straits Times

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SINGAPORE - The Civil Aviation Authority of Singapore (CAAS) announced on Thursday (July 16) that it will freeze scheduled fee increases for this financial year to mitigate the impact of the Covid-19 pandemic.. Read more at straitstimes.com.

SINGAPORE - The Civil Aviation Authority of Singapore announced on Thursday that it will freeze scheduled fee increases for this financial year to mitigate the impact of the Covid-19 pandemic.

CAAS added that aviation companies can expect fee increases to be frozen for inspection, testing or evaluation during the certification or approval process for the design, production or distribution of aircraft components or aircraft materials. Increases to the fees for renewal of an approval or certificate for inspection, overhaul, repair, replacement and modification of aircraft or aircraft components are frozen as well.

The fee increase freeze is the latest measure rolled out by CAAS and will give the industry a much-needed lift. The Government had also introduced an enhanced Aviation Support Package to support the Republic's aviation industry which bore the brunt of the Covid-19 pandemic..

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