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Hong Kong's Aviation Industry Faces Uphill Battle in Rebuilding Hub Status, but Profit Outlook is Positive

Hong Kong's Aviation Industry Faces Uphill Battle in Rebuilding Hub Status, but Profit Outlook is Positive

Hong Kong's aviation industry faces a "difficult" task in rebuilding its role as an aviation hub, according to the International Air Transport Association (IATA).
Cathay Pacific, Hong Kong's main carrier, is expected to operate at only 60% of its pre-pandemic capacity by the end of the year.

However, the overall outlook for the industry is positive, with IATA doubling its previous estimate for profit in 2023 to US$9.8 billion.
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It's always the people with the dirty hands pointing their fingers
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