Hong Kong International Airport’s (HKIA) three-runway system will be completed, opening up new growth prospects at the hub and supplying the infrastructure needed to handle large aircraft orders from Hong Kong-based carriers.
On November 28, 2024, HKIA plans to formally commission the new runway system. At the CAPA Airline Leader Summit Asia, which took place in Hong Kong in November 2024, senior officials from Cathay Pacific and Greater Bay Airlines emphasized the significance of this milestone to their growth goals.
A further widebody order will soon be considered by Cathay Pacific, which currently has a sizable backlog of widebody and narrowbody orders.
In addition to acquiring narrowbodies, the recently established Greater Bay Airlines has promised to place its first widebody order in the future.
Nevertheless, delivery delays have impacted both of these airlines, forcing them to modify their short-term plans.
In addition to being essential for these airlines’ fleet movements, the HKIA extension will, on a larger scale, strengthen the hub’s competitive position in relation to other significant airports in the area that also have expansion goals.