Update | Hong Kong airport landing charges to soar by up to 27 per cent
Higher fares likely despite falling traffic numbers as more details out on how Airport Authority plans to fund $141.5 billion Third Runway
Aircraft landing at Hong Kong International Airport could be paying up to 27 per cent more in landing fees within three years, after a new charging scheme aimed at funding the Third Runway comes into force from September.
According to a new scheme of charges gazetted on Friday, the rise in landing fees — calculated using a formula based on aircraft weight — will be spread over three years from September 1.
A rise of around 17 per cent in parking fees will take immediate effect from then.
The fee rise is part of the Airport Authority’s plan to fund the HK$141.5 billion Third Runway without government funding.
Departing passengers will also start paying an airport construction fee of between HK$70 and HK$180 per flight from August 1, which is expected to provide HK$26 billion of the funds needed.
A narrow-bodied Airbus A320, which now pays around HK$5,864 every time it touches down, would pay HK$6,686 from September, HK$7,176 from next September, and HK$7,442 from September 2018, according to the new scheme.
The A380 double-decker, the world’s largest airliner with a maximum take-off weight of 575 tonnes, would be charged HK$44,220 to land in Hong Kong after September 2018, up from HK$37,175 now.
