The fund is part of a broader $1b package unveiled by the government in March.
The Civil Aviation Authority of Singapore (CAAS) has established a $200m OneAviation Manpower Fund to boost talent attraction, development, and retention in the country’s growing aviation sector.
The fund is part of a broader $1b package unveiled by the government in March 2025, aimed at catalysing growth in four strategic areas: Connectivity, Infrastructure, Technology, and Manpower.
According to the Aviation Jobs Transformation Report, over 60,000 workers are currently employed in the sector. That number is expected to grow significantly, especially with the opening of Changi Airport Terminal 5 in the mid-2030s.
The report identified 31 critical job functions and outlines how six major megatrends, ranging from automation and AI to shifting consumer preferences, are expected to transform up to 30% of aviation jobs within the next five years.
As part of the transformation push, CAAS signed MoUs with nine Institutes of Higher Learning to enhance talent pipelines and with AI Singapore, SATS, Changi Airport Group, and Singapore Airlines to build AI capabilities across the sector.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.