The Takeoff Episode 03: Why Team and Culture Matter for Travel Startups Sponsored This content is created collaboratively with one of our sponsors.
The international hub is benefiting from the growing middle class within China that is traveling both domestically and globally.
Passenger traffic at Hong Kong International Airport (HKIA) climbed by +1.9% year-on-year in October, to 4.7 million. The airport also saw 30,025 flight movements, representing an increase of +.1% compared to the same month last year.
The growth in passenger traffic was driven mainly by a surge in travel by Hong Kong residents for the long National Day holidays, resulting in a +14% rise over October 2011. Passenger traffic to and from South East Asia and Taiwan performed particularly well. There was a +1.1% rise in cargo, with throughput to and from North America and Mainland China outperforming other key regions.