Hong Kong Airport's Anxious Growth: What Does It Say About the City's Economic Future?
Hong Kong International Airport (HKIA) has reported a 10% increase in passenger traffic for the first eight months of this year, but the growth is tempered by a decline in cargo volume for the second consecutive month.
The airport attributes the surge in passenger numbers to an uptick in transfer and transit passengers. Transfer traffic can be a double edged sword for cities like Hong Kong.