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.

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Hong Kong is preparing to open its reconfigured Terminal 2 on May 27 with new technologies to ease passenger departures. Transport secretary Mable Chan called the launch a milestone for the city’s aviation hub status.

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Hong Kong's Airport Authority announced that the revamped Terminal 2 will open on May 27. Passengers will complete check-in, immigration and security at the new facility before moving to Terminal 1 for departures.

South Korean low-cost carriers have cut around 900 round-trip international flights and rolled out unpaid leave programs amid soaring fuel prices triggered by Middle East instability.

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Hong Kong's economy expanded 5.9% year-on-year in Q1 2026, its fastest quarterly growth in nearly five years and surpassing Financial Secretary Paul Chan's forecast of over 4%. Driven by private consumption and government spending despite Middle East tensions, the advance estimate from the Census and Statistics Department exceeded the 4% rise in Q4 2025. A government spokesman highlighted a positive outlook but noted regional risks.

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