{"id":6422,"date":"2023-06-06T08:17:11","date_gmt":"2023-06-06T08:17:11","guid":{"rendered":"https:\/\/aviation-news.info\/?p=6422"},"modified":"2023-06-06T08:17:11","modified_gmt":"2023-06-06T08:17:11","slug":"hong-kong-lost-awful-lot-of-ground-to-aviation-hub-rivals-rebuilding-will-be-challenge-global-industry-body-says","status":"publish","type":"post","link":"https:\/\/aviation-news.info\/?p=6422","title":{"rendered":"Hong Kong lost \u2018awful lot of ground\u2019 to aviation hub rivals, rebuilding will be challenge, global industry body says"},"content":{"rendered":"<div class=\"lazyload-component\" data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<div data-v-1854add0=\"\">\n<div class=\"details__body body\" data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<p class=\"generic-article__body article-details-type--p content--p\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">Hong Kong faces a \u201cdifficult and challenging\u201d task in rebuilding its role as an aviation hub, while the city\u2019s flag carrier\u00a0<span class=\"generic-article__body article-details-type--a content--a\" title=\"\" data-entity-uuid=\"ff266288-6701-4d83-af31-b6c05f6ef4bf\" data-entity-type=\"taxonomy_term\" data-entity-bundle=\"topics\" data-v-03dbdbc7=\"\" data-v-e5d603e4=\"\"><span class=\"text\" data-v-03dbdbc7=\"\">Cathay Pacific Airways<\/span><\/span>\u00a0is expected to operate at only 60 per cent of its pre-pandemic capacity by the end of the year, the head of a global airline association has said.<\/p>\n<\/div>\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<p class=\"generic-article__body article-details-type--p content--p\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">But the outlook for the industry as a whole was positive, director general of the International Air Transport Association (IATA) Willie Walsh told its annual meeting in Istanbul on Monday, predicting global profits would reach US$9.8 billion this year, double its forecast in December, on the back of stronger demand for travel.<\/p>\n<\/div>\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<p class=\"generic-article__body article-details-type--p content--p\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">Walsh told the Post last December he did not expect Hong Kong would fully regain its status as an aviation hub before 2028, pointing to \u201cstructural changes\u201d in the city following three years of\u00a0<span class=\"generic-article__body article-details-type--a content--a\" title=\"\" data-entity-uuid=\"a54a4e0e-0070-4077-9b59-861c58be1edd\" data-entity-type=\"taxonomy_term\" data-entity-bundle=\"topics\" data-v-03dbdbc7=\"\" data-v-e5d603e4=\"\"><span class=\"text\" data-v-03dbdbc7=\"\">Covid-19<\/span><\/span>\u00a0travel restrictions.<\/p>\n<\/div>\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<p class=\"generic-article__body article-details-type--p content--p\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">Asked again about his earlier comments, Walsh admitted his timeline was based on a \u201cfeeling\u201d about where Hong Kong was in the recovery process compared with rivals.<\/p>\n<\/div>\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<div class=\"generic-article__body article-details-type--div content--div image-inline-container\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">\n<div class=\"generic-article__body article-details-type--img content--img image-inline caption\" data-fid=\"13644579\" data-resolution=\"2\" data-v-27fef566=\"\" data-v-e5d603e4=\"\">\n<div class=\"body__image image image--landscape\" data-v-27fef566=\"\">\n<div class=\"image_wrapper wrapper\" data-v-27fef566=\"\"><img decoding=\"async\" class=\"wrapper__img preview-img-item\" src=\"https:\/\/cdn.i-scmp.com\/sites\/default\/files\/d8\/images\/canvas\/2023\/06\/05\/ba85e88c-4987-48cc-8f6f-c9f51c5feee5_34f54c2a.jpg\" alt=\"Hong Kong is rebuilding but has lost a significant amount of ground that will take time to regain, says IATA director general Willie Walsh. Photo: Bloomberg\" data-v-27fef566=\"\" data-src=\"https:\/\/cdn.i-scmp.com\/sites\/default\/files\/d8\/images\/canvas\/2023\/06\/05\/ba85e88c-4987-48cc-8f6f-c9f51c5feee5_34f54c2a.jpg\" \/><\/div>\n<div class=\"description-wrapper\" data-v-27fef566=\"\">\n<div class=\"wrapper-item\" data-v-27fef566=\"\">\n<div class=\"image__title\" data-v-27fef566=\"\">Hong Kong is rebuilding but has lost a significant amount of ground that will take time to regain, says IATA director general Willie Walsh. Photo: Bloomberg<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<p class=\"generic-article__body article-details-type--p content--p\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">\u201cIt is rebuilding, but I think it has lost an awful lot of ground and that lost ground is going to take time to recover,\u201d he said, adding it was going to be a \u201cvery difficult and challenging task\u201d.<\/p>\n<\/div>\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<div class=\"generic-article__body article-details-type--outstream-1 content--outstream-1\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">\n<div class=\"outstream__ad-container\">\n<div id=\"div-outstream-ad-e991c490-043b-11ee-8a39-a76683d90daa\" class=\"inner\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"details__read-more\" data-v-3ea23604=\"\"><\/div>\n<div class=\"lazyload-component\" data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<div data-v-1854add0=\"\">\n<div class=\"details__body body body--next\" data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<div class=\"paywalled-content\" data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<p class=\"generic-article__body article-details-type--p content--p\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">Cathay faced a complex process in rebuilding its international network, Walsh argued.<\/p>\n<\/div>\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<p class=\"generic-article__body article-details-type--p content--p\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">\u201cI think Cathay will be operating at 60 per cent capacity this year as they retrain pilots, many of whom have not flown in the past two years,\u201d he said.<\/p>\n<\/div>\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\"><\/div>\n<div data-v-1854add0=\"\" data-v-3ea23604=\"\">\n<p class=\"generic-article__body article-details-type--p content--p\" data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">Cathay and its budget arm HK Express have set a target of reaching 70 per cent of pre-pandemic passenger flight capacity by the end of the year and 100 per cent at the end of 2024.<\/p>\n<p data-v-e5d603e4=\"\" data-v-3ea23604=\"\" data-v-1854add0=\"\">source: <a href=\"https:\/\/www.scmp.com\/news\/hong-kong\/transport\/article\/3223044\/hong-kong-lost-awful-lot-ground-aviation-hub-rivals-rebuilding-will-be-challenge-global-industr\">https:\/\/www.scmp.com\/news\/hong-kong\/transport\/article\/3223044\/hong-kong-lost-awful-lot-ground-aviation-hub-rivals-rebuilding-will-be-challenge-global-industr<\/a>y<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong faces a \u201cdifficult and challenging\u201d task in rebuilding its role as an aviation hub, while the city\u2019s flag carrier\u00a0Cathay Pacific Airways\u00a0is expected to operate at only 60 per cent of its pre-pandemic capacity by the end of the year, the head of a global airline association has said. But the outlook for the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":6426,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[96,102],"tags":[],"class_list":["post-6422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation-world","category-featured-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hong Kong lost \u2018awful lot of ground\u2019 to aviation hub rivals, rebuilding will be challenge, global industry body says - aviation news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aviation-news.info\/?p=6422\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hong Kong lost \u2018awful lot of ground\u2019 to aviation hub rivals, rebuilding will be challenge, global industry body says\" \/>\n<meta property=\"og:description\" content=\"Hong Kong faces a \u201cdifficult and challenging\u201d task in rebuilding its role as an aviation hub, while the city\u2019s flag carrier\u00a0Cathay Pacific Airways\u00a0is expected to operate at only 60 per cent of its pre-pandemic capacity by the end of the year, the head of a global airline association has said. 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