Companies in the aviation sector will receive up to 50% wage support paid to local employees from April to September this year to help them recover from the effects of the COVID-19 pandemic, according to the Ministry of Transport (MOT).
The wage support comes as part of the $870m OneAviation Support Package announced by Deputy Prime Minister Heng Swee Keat in his Budget 2021 speech.
As one of the two key components in the support package, an enhanced manpower support amounting to $330m will be given. The remaining $540m will go to cost relief, the MOT said.
Companies in the aviation sector which are currently eligible for Tier 1 of the Jobs Support Scheme support will receive an additional 20% support for wages paid to each local employee from April to June 2021, and an additional 40% support for wages paid from July to September 2021.
“The air hub is essential to connect us with the rest of the world and continues to be our lifeblood. This support will help Changi tide through the crisis, whilst we explore ways to reopen borders safely,” Transport minister Ong Ye Kung said.
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