FlyerTalk Forums - View Single Post - Third runway at Hong Kong International Airport ‘going to be needed’ - Cathay Pacific
Old Jan 13, 2022 | 11:59 pm
  #452  
unfrequentflyer
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Originally Posted by fakecd
need is very vague. everybody needs everything but at what cost. lots of investment assumptions are presumably invalid for post comissioning return. Construction phase job creation probably helped the employment sector, at expense of jacking up supply side pressure in an inflationaty enviornment.

2020 and 21 total annual aircraft movements were 160k ish, lower than 1998 stats when airport first pened. 2019 was close to 400k
https://www.cad.gov.hk/english/statistics.html

airport masterplan 2030 indicated Kaitak had 160k capacity, two runway CLK airport had 360k capacity. forecash for 2030 was 600k annual aircraft movement which was justification for it. or say over 7yr after covid is over (23-30) thats growth rate of 20pct compounded for 7yr to achieve it.

https://www.google.com/url?sa=t&sour...Albh5fMJRT_Y_s

with reputation HK built that we can close anytime we want, not sure if foreign investment/commitnent will continue to even achieve a constant 20pct annual compound growth at HKIA
By the end of this decade I doubt Hong Kong will have SWIFT.
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