The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
Hong Kong expects air passenger traffic to recover to as much as 70% of pre-pandemic levels by the end of next year and return to normality by 2024, South China Morning Post (SCMP) reported, citing an official.
Deputy Director of Airport Operations Steven Yiu Siu-chung brushed aside concern about the airport’s status as an aviation hub, the newspaper reported.
The end-2023 forecast of between 60% to 70% of the traffic levels before Covid is in line with a prediction by Hong Kong’s main carrier, Cathay Pacific Airways Ltd.
A total of 755,000 passengers passed through the airport in October, 13% of pre-pandemic levels.
Hong Kong Airport Authority officially opened its third runway, capable of handling an additional 30 million passengers a year.
Yiu said he is confident the new facility will be fully utilised by 2024, SCMP said.