Hong Kong airport expects up to 10% revenue growth despite Mideast war

Hong Kong International Airport expects revenue to grow by up to 10% this year despite disruptions from the Iran conflict, its CEO Vivian Cheung Kar-fay said. She aims to position the facility as an alternative aviation hub to the Middle East. The airport anticipates welcoming about 70 million passengers, up from 61 million last year.

Airport Authority Hong Kong CEO Vivian Cheung Kar-fay told the South China Morning Post in a Thursday interview that cancelled flights due to the Iran conflict, including those by flag carrier Cathay Pacific Airways, were among the less desirable routes for travellers. The authority is working to attract airlines to launch new flights from the city.

Speaking on the sidelines of the Singapore Yachting Festival, Cheung said: “Some aircraft might not be able to stop by, or fall out of, the Middle East, and they might choose other places, and Hong Kong can be a great starting point for them to launch their flights.” She added: “That is something we will work on for the coming years. Of course, hopefully the war will end soon, and oil prices will come down, but even with the current status, we’re working on other alternatives.”

The airport expects to handle about 70 million passengers this year, an increase from around 61 million last year. Cheung aims to position Hong Kong International Airport as an alternative hub amid Middle East disruptions.

مقالات ذات صلة

Hong Kong airport travelers facing surged airfares to Europe and Asia amid Middle East conflict rerouting flights.
صورة مولدة بواسطة الذكاء الاصطناعي

Middle East conflict drives up Hong Kong airfares to Europe and Americas

من إعداد الذكاء الاصطناعي صورة مولدة بواسطة الذكاء الاصطناعي

Airfares from Hong Kong to Europe, the Americas, and even some Asian cities have surged due to escalating geopolitical tensions in the Middle East. Economy-class return fares to Paris start at HK$17,670, while the cheapest to Tokyo nears HK$5,000. Industry insiders attribute the rises to airspace chaos, flight groundings, and surging fuel prices.

Cathay Pacific and its low-cost arm HK Express reported higher passenger numbers in March despite the ongoing Middle East situation. The group attributed the growth to a series of mega-events in Hong Kong, such as Art Basel and the Hong Kong International Jewellery Show.

من إعداد الذكاء الاصطناعي

A joint US-Israeli attack on Iran has led to the cancellation or delay of at least 27 flights from Hong Kong to Middle East destinations, stranding hundreds of travellers at the city's airport. The Hong Kong government has issued a fresh warning against travel to Iran amid the strikes. Cathay Pacific has suspended all operations in the region.

Hong Kong's major retailers are using direct sourcing and economies of scale to avoid price hikes amid surging logistics costs from the Middle East war. Sa Sa International chairman Simon Kwok Siu-ming warns of pressure on petroleum-derived beauty products. Shipping and airfreight costs have risen 10 to 15 per cent.

من إعداد الذكاء الاصطناعي

Greater Bay Airlines announced on Friday that it will raise fuel surcharges on various routes effective March 18 due to surging fuel costs. The move aligns with similar hikes by Hong Kong rivals like Cathay Pacific, primarily affecting international flights to Hong Kong.

Data from China's Civil Aviation Administration shows passenger traffic to Central Asia grew 59.3% in 2025 from the previous year, one of the fastest rates among tracked regions. By summer 2024, Chinese airline frequencies to the area had risen 120% above 2019 levels. Industry experts attribute the surge to Beijing's Belt and Road Initiative fostering stronger economic ties.

من إعداد الذكاء الاصطناعي

Hong Kong authorities have launched 18 joint operations this year against illicit refuelling stations amid an ongoing oil crisis triggered by the US-Israel war with Iran. Customs chief Chan Tsz-tat noted the practice has become more common in urban areas following a surge in complaints earlier this year, though it remains not widespread locally.

 

 

 

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