Hong Kong Airport Authority: The 2024/25 profit of HK$2,457 billion was distributed to the Hong Kong Government for the first time in 10 years

The Zhitong Finance App learned that on July 16, the Hong Kong Airport Authority published its 2024/25 annual report for the financial year ended March 31. According to the Hong Kong Airport Authority, the financial performance of the Hong Kong Airport Authority in the 2024/25 financial year was steady due to increased air traffic and revenue. The Hong Kong Airport Authority recorded a profit of HK$2,457 billion, and the Board of Directors announced a dividend of HK$1.3 billion to the HKSAR Government. This is the first time that the Hong Kong Airport Authority has paid dividends since 2014/15 to finance the three-runway system project and retained operating surpluses.

During the year, Hong Kong International Airport recorded double-digit increases in passenger and cargo volume. Passenger and cargo volume increased by 21.6% and 10.3% respectively to 54.9 million passengers and 5 million tonnes, while aircraft take-offs and landings jumped 20.5% to 373,050. In 2024, Hong Kong International Airport will continue to be the world's busiest cargo airport. This is the 14th time since 2010 that it has received this award.

Hong Kong International Airport's air traffic network continued to grow during the fiscal year, with 27 airlines opening or expanding flight services to 56 destinations. As of the end of 2024/25, around 140 airlines provided services at Hong Kong International Airport, connecting more than 200 destinations around the world.

Chairman of the Hong Kong Airport Authority, Lin Tianfu said, “Hong Kong International Airport has crossed many important milestones over the past year, and air traffic continues to recover steadily. In November 2024, the three-runway system was launched on time and on budget, increasing the airport's annual passenger and cargo handling capacity by 50%, strengthening our position as one of the largest and most important aviation hubs in the world. To achieve our vision of transforming from an urban airport to an airport city, we launched an expanded development blueprint with the new SKYTOPIA brand. The market response was positive, laying a solid foundation for future development. I am very pleased that all sectors of society are increasingly supporting the airport's achievements and future development vision. Despite uncertainties in the global economy, we remain confident about the future of Hong Kong's aviation industry and the development of an airport city.”