Budget carrier ValuAir applies for licence


VALUAIR Pte Ltd, a company set up by former Singapore Airlines (SIA) executives with the aim of running a budget carrier, has applied for a licence to operate commercial services out of the city-state. 

Albert Tjoeng, a spokesman for the Civil Aviation Authority of Singapore, which runs Changi Airport, said yesterday aviation officials had met with ValuAir to discuss its plans. 

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