Transportation
Hong Kong Flight Capacity Set to Rise 10% on China, Korea Demand
Hong Kong’s flight capacity is set to increase around 10% in the second quarter, driven by additional seats on routes to China and South Korea, even as services to the Middle East decline.
Capacity to China and South Korea is set to rise 17%-30% year-on-year, Bloomberg Intelligence said in a note published Tuesday. Parts of Southeast Asia are also showing robust expansion, led by Vietnam and Malaysia, on demand for short-haul leisure travel, analysts Eric Zhu and George Ferguson wrote in the note. Long-haul routes, including to the US and Australia, are expected to post gains of 15%–16%.