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Cannix Yau

Hong Kong’s three-runway system will come into operation on November 28, the acting finance chief has announced, urging interested stakeholders to capitalise on the city’s expanded aviation hub.
“The three-runway system will be commissioned later this month on November 28 … This will make Hong Kong an even stronger aviation hub,” acting financial secretary Michael Wong Wai-lun said at the opening of the Super Terminal Expo on Tuesday.
Wong also called on the aviation stakeholders to seize opportunities generated by the expanded project and promised authorities would offer any help they needed.
“It means Hong Kong will provide you with a lot of business and corporate opportunities. So do not miss it if you have plans to do business,” he said.
“Talk to the Airport Authority, talk to our business community, talk to the Hong Kong government. We will see how to facilitate so that you can realise your dreams.”
Authorities have been urged to turn the city into a world-class international aviation hub – a vision spelled out in Beijing’s latest five-year national plan.
Beijing’s point man on Hong Kong affairs, Xia Baolong, urged the Airport Authority in July to capitalise on its unique advantages under the city’s “one country, two systems” governing principle and continue contributing to national development.
The airport’s expansion project cost HK$141.5 billion (US$18 billion) and includes a new 3.8km (2.3-mile) third runway, a second terminal building opposite the existing one and a new concourse.
The 650-hectare (1,606-acre) project is expected to increase the airport’s capacity by 50 per cent to accommodate 120 million passengers and 10 million tonnes of cargo annually.
Airport Authority acting CEO Vivian Cheung Kar-fay said the three-runway system would serve as a good opportunity for carriers to expand their operation in Hong Kong and the body was working hard to attract airlines and passengers to the city.
“It’s a great opportunity for all the airlines to start to think about how to expand their units using this hub. So we are working with a lot of airlines … to actually connect to more countries and more regions,” she said.
“So hub to hub is our priority first. And the second priority is for us to create more new destinations, not just for Hong Kong people, but also for the residents who live in the Greater Bay Area.”
The bay area refers to Beijing’s plan to integrate Hong Kong, Macau and nine southern mainland cities into an economic powerhouse

The Transport and Logistics Bureau earlier said it would expand Hong Kong’s aviation network to fill new capacity arising from the system, revealing that eight airlines would launch 11 new routes under a subsidy scheme managed by the Airport Authority.
In June, the authority introduced incentives of up to HK$7 million annually for airlines expanding long-haul routes and adding new destinations.
Airlines will be eligible for two potential rewards. Under the first, they can receive between HK$10,000 and HK$20,000 for every tonne of an aircraft’s maximum take-off weight during the first year, which will be halved in the second year.
Under the second incentive, airlines that take part in a three-year scheme to boost the number of long-haul carriers that create or expand routes, particularly to Europe and the United States, will be entitled to the same amount for every take-off and landing in the first year.
Cheung said with the three-runway system in operation and other facilities at Airport City opening in phases, the hub would become a landmark in the bay area and attract visitors from all around the world.
The authority earlier said it would issue up to HK$10 billion (US$1.3 billion) worth of bonds early next year for the expanded Airport City.
In his policy address, Chief Executive John Lee Ka-chiu said Airport City would more than double in size.
Under an expanded development blueprint, the development will be the largest in the region, integrating commercial activities, popular culture, entertainment and leisure.
The original plan only combined the airport’s core functions with related business segments featuring projects such as a new hotel and three grade A office towers, as well as 11 Skies, an integrated retail, dining and entertainment complex scheduled to open in phases from the second half of 2025.
New projects will include creating an ecosystem for the arts industry, building AsiaWorld-Expo Phase 2, developing a marina with ancillary facilities, opening a market for imported fresh food and providing more public spaces.


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Hong Kong transport

The 650-hectare project is expected to increase the airport’s capacity by 50 per cent to accommodate 120 million passengers and 10 million tonnes of cargo annually. Photo: Handout

The airport’s expansion project cost HK$141.5 billion. Photo: Handout

Are Hong Kong’s aviation hub ambitions hampered by Cathay’s pilot shortage, capacity issues?

Illustration: Henry Wong

Cathay Pacific has been crippled by ongoing staff shortages, especially of pilots. Photo: Eugene Lee

Cathay Pacific announced it would buy 30 aircraft on top of the previously ordered 70 as part of an investment plan. Photo: May Tse

Hong Kong airport is on track to open its HK$141.5 billion third runway by the end of this year. Photo: Sam Tsang

Hong Kong airport handled 45.2 million passengers in 2023-24. Photo: Eugene Lee

Hong Kong’s airport extension project will be finished on time, city’s No 2 official Eric Chan vows

The airport’s HK$141.5 billion expansion project started in 2016 and includes a new 3.8km runway Photo: Jelly Tse

Chief Secretary Eric Chan says the airport expansion project will be completed this year. Photo: Xiaomei Chen

News

Hong Kong

Hong Kong economy

Acting finance chief Michael Wong calls on aviation stakeholders to capitalise on project, promises authorities will help


Acting finance chief Michael Wong calls on aviation stakeholders to capitalise on project, promises authorities will help.


Hong Kong International Airport