Hong Kong International 3rd Runway

HKIA Three Runway Option

Airport Authority Hong Kong (AAHK) along with Cathay Pacific supports the Hong Kong SAR government’s approval for a three-runway option for future development at HKIA, the recognized abbreviation for Hong Kong International Airport (HKG).

The approval comes from strong public support and recommendations to proceed by the Airport Authority of Hong Kong.  The Government has also approved AAHK’s recommendation to proceed with the statutory Environmental Impact Assessment (EIA), a move Cathay Pacific welcomes to start the process and preparation of the associated design details of the facilities under a three-runway system.

Cathay Pacific, which welcomes the environmental impact assessment, fully supports and actively implements various initiatives to fulfill IATA’s climate change commitments – an average improvement in fuel efficiency of 1.5% per year to 2020, aviation carbon-neutral growth from 2020 and a reduction in net CO2 emissions of 50% by 2050, relative to 2005 levels.

As part of a public consultation exercise, a quantitative survey took place last summer, which revealed 73% of the respondents favored the three-runway option.

Dr Marvin Cheung Kin-tung, Chairman of AAHK, said, “We thank the Government and the public for their support of HKIA. Our airport’s future development into a three-runway system is crucial if we are to maintain Hong Kong’s status as a leading international and regional aviation centre.”

“Once the (EIA) process is completed and the environmental permit is obtained for proceeding with a third runway, we will finalise the necessary associated design details and develop suitable financial options for discussion with the Government. Only after all of these have been done successfully can we proceed to seek Government’s approval for the third runway project. In other words, it will take about three years, subject to the granting of all required approvals, before we can start building the third runway and its associated facilities,” added Dr Cheung.

Cathay Pacific’s Chief Executive John Slosar, who also supports the three runway option, said, “We firmly believe the third runway is of critical importance to the sustainability of the Hong Kong economy and, therefore, to the long-term prosperity and well-being of Hong Kong’s people.  Connectivity with the rest of the world has made Hong Kong what it is today so we must be clear on how we can maintain and grow these links to our future.”

Slosar continued, “A third runway is the only viable option to ensure the long-term competitiveness of Hong Kong as an important international financial centre, trading and logistics hub, tourism destination and professional services capital.”

The carrier believes it’s Hong Kong’s best interests to take a long-term view to ensure that HKIA thrives.  The airline is currently making significant investments to underscore its commitment to its home hub in Hong Kong, including more than 90 new aircraft on order for delivery up to the end of the decade with a list price of some HK$190 billion, a HK$5.7 billion cargo terminal that is scheduled to open in early 2013 and more than HK$3 billion on new products in the air and on the ground to give more people a reason to fly to and through Hong Kong.

Cathay Pacific will also be hiring to staff all of this growth with current plans to hire approximately 1,000 cabin crew, 300 pilots and 600 ground staff in 2012.

Both Cathay Pacific and HKIA are highly rated by passengers with Hong Kong International Airport (HKG) often cited as one of the best in the world.

 

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