Changi Airport Group (CAG) reported a strong financial performance in FY2023/24, with revenue increasing by 45% to S$2,727 million. This was driven by a surge in passenger traffic, which reached 62.5 million or 91% of pre-pandemic levels. Operating expenses also increased, totaling S$2,233 million, due to the full reinstatement of services and license fees at Changi Airport. EBITDA climbed to S$1,205 million, while net profit attributable to shareholders reached S$431 million. CAG’s financial position remains robust, with a solid asset base and strong liquidity. The airport operator continues to invest in infrastructure development, including the upcoming construction of Terminal 5.