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HONG KONG ASIA’S WORLD CITY - AND LEADING AVIATION HUB

HONG KONG ASIA’S WORLD CITY - AND LEADING AVIATION HUB. % Domestic 1. Hong Kong 32.0M - 2. Bangkok 30.4M 24 3. Singapore 27.9M - 4. Narita, Tokyo 25.7M 4 5. Beijing 24.4M 76 6. Kansai, Osaka 19.7M 40. TOP 6 ASIAN AIRPORTS (PASSENGER) IN 2001 -.

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HONG KONG ASIA’S WORLD CITY - AND LEADING AVIATION HUB

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  1. HONG KONGASIA’S WORLD CITY - AND LEADINGAVIATION HUB

  2. % Domestic 1. Hong Kong 32.0M - 2. Bangkok 30.4M 24 3. Singapore 27.9M - 4. Narita, Tokyo 25.7M 4 5. Beijing 24.4M 76 6. Kansai, Osaka 19.7M 40 TOP 6 ASIAN AIRPORTS (PASSENGER) IN 2001 -

  3. AirportAirlinesDestinations Hong Kong 67 142 Singapore 64 119 Sydney 43 67 Tokyo 49 65 Bangkok 79 111 (Source : OAG, 2001) Airlines and Destinations at Asian Hub Airports

  4. As I speak for 3 minutes on stage, another 180 passengers go through HKIA

  5. Hong Kong 2.1M Tonnes Seoul 1.8M Tonnes Narita 1.7M Tonnes Frankfurt 1.6M Tonnes New York JFK 1.5M Tonnes Paris CDG 1.5M Tonnes TOP 6 AIRPORTS (INTERNATIONAL CARGO) IN 2001

  6. Equivalent to 4,000 elephants per day

  7. Seoul Beijing Tokyo Taipei Hong Kong Manila Bangkok Kuala Lumpur Singapore Jakarta

  8. Hong Kong International Airport

  9. STRONG HUBS “Great cities are all based on transport hubs” Strength of home carriers

  10. Great Cities of the Past

  11. Ministers In Charge of Transport Are Most Important!

  12. A Successful Hub Requires a Strong Home Airline London Amsterdam Dubai Singapore Hong Kong

  13. Foreign exchange Local employment - high-skilled jobs Headquarters investment International brand name Promote tourism Multiplier effect Contribution of a Home Carrier

  14. Destination Direct FlightsConnecting FlightsFlights/Week Bangkok 10 1 115 Taipei 6 - 233 Singapore 6 3 157 Tokyo 5 2 92 London 3 6 75 (Source : OAG, 2001) • HONG KONG: • An open hub Airlines Offering Flights between Hong Kong and Selected Cities

  15. City Airline% of flights Kuala Lumpur Malaysia Airlines 68.0 Seoul Korean Airlines 51.3 Bangkok Thai Airways 45.1 Singapore Singapore Airlines 43.0 Taipei China Airlines 29.0 Hong Kong Cathay Pacific 25.4 Dominant Asian Hub Carriers

  16. WHAT DOES THE FUTURE HOLD?

  17. Continue to Enhance our Product, the Network and the Hub Status of HK

  18. Huge potential International traffic only represents 0.3% of population now If 3% of population travels, it means 7% of all world’s traffic! CHINA

  19. WTO entry Hong Kong: a major & established gateway Direct services to 44 cities 4.5m mainland visitors to Hong Kong a year Growing tourism CHINA

  20. Importance placed on infrastructure - new airport, links to China, tourism projects etc Remove restrictions on movement of goods and people Increasing air services between the Chinese mainland and Hong Kong SAR China needs several hubs: HK already established Consolidation around key international gateway hubs - similar to patterns elsewhere Enhancing HK’s competitiveness overall AND…

  21. Not a low cost base External environment Economic downturn Increasing competition Changing tourism trends BUT THERE ARE MORE CHALLENGES….

  22. Government / Industry co-operation Policy stability Aviation Industry Enhancement Continue to invest into the tourism and travel / transport related resources Develop infrastructure TO MAINTAIN OUR HUB STATUS

  23. HONG KONG’S SUCCESS Showcase the importance of cooperation between Industry & Government

  24. Thank you!

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