4-Jun-2024 5:01 PM

HK Express CEO 'confident and optimistic' but cautious on 'normalisation of airfare trends'

HK Express CEO Jeanette Mao, speaking on the sidelines at the IATA AGM, reported (03-Jun-2024) an "exceptionally strong rebound of air travel over the last year" and "continued strong demand" in 2024. Ms Mao said advance bookings for summer 2024 are "quite encouraging". She stated initiatives such as the third runway at Hong Kong International Airport, the 'One Belt One Road' programme and the easing of visa requirements between mainland China and Southeast Asian countries "will further stimulate demand". Ms Mao commented: "All these positive developments give us every reason to be confident and optimistic about the next 12 months, but at the same time we are also quite cautious about the normalisation of airfare trends, indicating a more competitive price environment".

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