EconomyLens.com
No Result
View All Result
Saturday, May 2, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Hong Kong airport third runway takes off

Natalie Fisher by Natalie Fisher
November 28, 2024
in Economy
Reading Time: 3 mins read
A A
2
30
SHARES
376
VIEWS
Share on FacebookShare on Twitter

Hong Kong International Airport is still among the busiest airports in the world, but flights are not yet back to pre-Covid levels. ©AFP

Hong Kong (AFP) – Hong Kong started flight operations on its third runway on Thursday, with officials saying it will keep the city’s airport competitive as an aviation hub despite its lagging post-pandemic recovery. Hong Kong International Airport is still among the busiest airports in the world, but flights are not yet back to pre-Covid levels, and it has fallen behind regional rivals like Singapore and South Korea in passenger traffic.

Related

US Fed official says rate hikes may be needed if inflation surges

Blockbuster EU-Mercosur trade deal enters into force

Venezuela leader hikes minimum wage package by 26%

Routine returns but Iranians struggle to afford daily life

Iran’s supreme leader defies US blockade as oil prices soar

Speaking at a ceremony near the tarmac, Hong Kong leader John Lee said the airport’s “capacity will be significantly increased” by the new runway. It will enable the airport to handle 120 million passengers and 10 million tonnes of cargo annually by 2035, authorities say. Eight years after construction began on the third runway, guests at the commissioning ceremony watched a plane take off into a clear blue sky.

The project that cost HK$142 billion ($18 billion) drew controversy for its environmental impact, as well as attracting headlines for labour disputes and a corruption case involving subcontractors. Observers have questioned whether the boosted capacity can be taken full advantage of, with visitor arrivals still below pre-pandemic levels. Hong Kong carrier Cathay Pacific said this week that it will reach 100 percent of pre-pandemic flights in January.

Lee said Thursday that the upgraded airport will help Hong Kong improve ties to surrounding Chinese cities, as part of Beijing’s development blueprint for the region. It will take until the end of 2025 for some of the expanded passenger buildings associated with the third runway to enter service.

© 2024 AFP

Tags: aviationHong Konginfrastructure
Share12Tweet8Share2Pin3Send
Previous Post

France says ready for budget concessions to avert ‘storm’

Next Post

OPEC+ postpones meeting on oil output to December 5

Natalie Fisher

Natalie Fisher

Related Posts

Economy

Eurozone economy barely grows in first months of 2026

April 30, 2026
Economy

Oil crisis fuels calls to speed up clean energy transition

April 30, 2026
Economy

Nigerian airlines avert shutdown as Mideast war hikes fuel prices

April 30, 2026
Economy

Air France-KLM trims 2026 outlook over Middle East war impact

April 30, 2026
Economy

German growth beats forecast but energy shock looms

April 30, 2026
Economy

French economy records zero growth in first quarter

April 30, 2026
Next Post

OPEC+ postpones meeting on oil output to December 5

French luxury mogul Arnault defiant at ex-spy chief trial

French farmers wall off public buildings in protest over regulations

Eurozone stocks lift as French political stand-off eases

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Spirit Airlines begins ‘wind-down’, cancels all flights

May 2, 2026

S&P 500, Nasdaq end at fresh records on tech earnings strength

May 2, 2026

ExxonMobil CEO sees chance of higher oil prices as earnings dip

May 2, 2026

Trump says will raise US tariffs on EU cars to 25%

May 2, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.