Hong Kong International Airport said on Thursday (Aug 13)that passengers from the Chinese mainland would be able to transit through Hong Kong to other destinations from Aug 15 until Oct 15, in a boost for its dominant carrier Cathay Pacific Airways Ltd.
Transit in the other direction, inbound to the Chinese mainland, will remain banned as the mainland’s aviation regulator has severely limited the number of international flights due to concerns over the spread of the coronavirus.
Cathay Chief Customer and Commercial Officer Ronald Lam said on Wednesday that opening mainland transit flights would improve its passenger volumes and that it could gear up at short notice to add flights.
He said one-third of Cathay’s passengers were transiting the airport at present for connecting flights, down from around 40 to 50 percent before the pandemic when mainland passengers were allowed to transit in both directions.
Cathay on Wednesday reported a record first-half loss of HK$9.87 billion (US$1.27 billion) and warned it did not expect a meaningful recovery in passenger demand for some time.
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