Air Freight News

Hong Kong can retain international aviation hub status, Lam says

Even though Hong Kong is one of the few places left in the world adhering to a Covid-zero approach, the city’s Chief Executive Officer Carrie Lam believes the Asian financial center can retain its status as a international aviation hub.

“Although the global aviation industry, with Hong Kong being no exception, has been hard hit by the Covid-19 pandemic, I remain confident that our status as an international aviation hub could be consolidated and enhanced,” Lam said in her policy address to the Legislative Council on Wednesday.

The construction of a 3,800-meter-long third runway will help Hong Kong International Airport’s competitiveness and the reclamation of around 650 hectares of land is largely complete. HKIA is also “proceeding at full speed with various high-end logistics projects in view of the rapid development of cross-boundary e-commerce in the region,” she said.

Hong Kong is also keen to establish an aviation industrial cluster in Zhuhai in southern China that would deal with things like aircraft maintenance, parts manufacturing and research on aircraft engineering. That Chinese city, along with others in the Greater Bay Area, could also be a source of talent.

Boeing Co. said recently that China’s civil aviation industry will need more than 400,000 new personnel including pilots, cabin crew and technicians by 2040, as well as 8,700 new aircraft.

Lam also outlined greater cooperation with Zhuhai airport, saying the Airport Authority of Hong Kong will inject equity “on the basis of market principles,” although no further details were given.

In other transport highlights:

  • Lam referred to the “one-hour living circle” in the Greater Bay Area after discussing three cross-boundary projects, including the enormous Hong Kong-Zhuhai-Macau Bridge. Hong Kong and Shenzhen have a taskforce to jointly develop rail infrastructure. She also spoke about a quota-free system for private cars traveling from Hong Kong to Guangdong over the Hong Kong-Zhuhai-Macau Bridge. That will have to wait until borders reopen, of course.
  • New railway projects include a Hong Kong-Shenzhen Western Railway to reach Qianhai, extending the planned Northern Link to the new Huanggang Port in Shenzhen, and potentially expanding the East Rail Line to Luohu next to Shenzhen.
  • Lam also touched on tourism, which due in large part to Hong Kong’s onerous quarantine measures, remains depressed. She said the city needs to “get prepared for the recovery” and that includes planning for cruise-industry development and facilitating the staging of various events.
  • In terms of green transport, Lam reiterated the government’s pledge to cease the new registration of fuel-propelled and hybrid private cars in 2035 or earlier and install more electric-car charging facilities. Local authorities will also work with bus companies “to conduct trials of hydrogen-fuel-cell buses, with a view to formulating a specific roadmap and timetable for the use of new energy public transport in 2025.”
Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

Air Canada upgraded to ‘BB’ from ‘BB-’ on lower sustained debt

Ongoing debt reduction through 2024 facilitated by strong discretionary cash flow generation combined with a more favorable outlook for travel demand, contribute to Air Canada's credit measures that are trending…

View Article
[Freightos Weekly Update] Seizure of MSC ship by Iran latest challenge to container market

The IRGC seizure of an Israeli-owned container vessel in the Strait of Hormuz poses yet another potential challenge to the container industry.

View Article
https://www.ajot.com/images/uploads/article/Boeing_plane.jpg
Boeing prosecutors aim to decide criminal charge by early June
View Article
Wizz Air narrows full-year profit target amid engine issues

Wizz Air Holdings Plc narrowed its net income guidance for the full year as the budget airline faces aircraft groundings because of engine issues on some of its Airbus SE…

View Article
India’s IndiGo gets into longhaul game with Airbus A350 deal

IndiGo plans to buy as many as 100 Airbus SE A350 widebody airliners, instantly transforming the Indian short-haul specialist into one of the biggest customers for the plane and giving…

View Article
American Air sees return to profit on summer travel demand

American Airlines Group Inc. expects a return to profit heading into the busy summer travel season after bad weather and delays linked to air traffic congestion weighed on the carrier’s…

View Article