Hong Kong Airport profits soar, despite traffic slump

Premium Analysis

The earnings divide between the worldwide airport and airline sectors is probably no more apparent than in Hong Kong. As Cathay Pacific slumped to a first half loss (six months to 30-Jun-08) on soaring fuel prices, Airport Authority Hong Kong (AAHK), operator of Hong Kong International Airport (HKIA) soared to an interim profit of USD175 million in the six months ended 30-Sep-08, up 19.5% year-on-year, despite falling passenger demand in the latter part of the period.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 848 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.