Finance chief Paul Chan urges Cathay Pacific to keep fares attractive, expand routes
SCMP · 1 SOURCES1 day ago2 MIN
Summary
Hong Kong Financial Secretary Paul Chan Mo-po has called on Cathay Pacific Airways to maintain competitive fares and grow its route network, describing the airline as a key ambassador for the city. Speaking at Cathay's 80th anniversary celebration on Tuesday, Chan highlighted the three-runway system at Hong Kong International Airport and new air services agreements the government is pursuing. Cathay Group chairman Guy Bradley outlined plans to add 150 new aircraft over the next decade and expand into belt and road destinations.
Key Points
- Paul Chan Mo-po addressed Cathay's 80th anniversary celebration on September 15, 2026, urging the airline to offer attractive fares alongside its excellent service
- The three-runway system at Hong Kong International Airport has been operational for nearly two years, providing expanded capacity for growth
- Hong Kong is pursuing new air services agreements in the Middle East, Central Asia, Africa, and South America to expand air links
- Cathay Group operates scheduled passenger services to more than 100 destinations worldwide, including 24 in mainland China via Cathay and HK Express
- The group plans to add Almaty, Kazakhstan in January 2027 and target 150 new aircraft in the next 10 years
Why It Matters
Cathay Pacific's expansion strategy directly supports Hong Kong's role as a global aviation hub and "superconnector" amid an uncertain global climate, with each new route driving trade, investment, and economic opportunities . The government's push to open new markets in the Middle East, Africa, and South America positions the airline to tap into Belt and Road Initiative growth while reinforcing Hong Kong's competitive advantage in international aviation .
Cathay Pacific's expansion strategy directly supports Hong Kong's role as a global aviation hub and "superconnector" amid an uncertain global climate, with each new route driving trade, investment, and economic opportunities . The government's push to open new markets in the Middle East, Africa, and South America positions the airline to tap into Belt and Road Initiative growth while reinforcing Hong Kong's competitive advantage in international aviation .