Hong Kong’s airport has reported a 16.8 per cent decline in net profit to HK$2 billion (US$255.16 million) for the 2025-26 financial year, with the management citing a significant rise in expenses driven by the third runway’s operating costs and last year’s aircraft salvage operation. In its annual report released on Wednesday, the operator of…
Central Asia can become a strategic logistics hub for Hong Kong as wars in the Middle East and Europe persist, with cargo volume between the city and two countries in the region surging nearly fivefold year on year, the Airport Authority chairman has said. Fred Lam Tin-fuk, who joined a recent trip with Chief Executive…
Hong Kong airport’s second terminal will fully open on May 27, authorities have announced, with the redeveloped facility set to serve as the base for 15 airlines. The terminal, which will mostly handle regional flights, is part of the airport’s HK$141.5 billion (US$18.1 billion) expansion project launched in 2016 that also included a third runway….