The Hong Kong Protests Are Affecting Airlines.
The rolling protests in Hong Kong are having a big impact on the city, its airport, and the airlines that fly in. Cathay Pacific is being hit particularly hard. Forward airline bookings are down and the critical inbound tourism market is jittery. Did anyone think those initial street protests would have such widespread ramifications and garner so much attention?
This story is going to look at how the Hong Kong protests are affecting airlines. And there’s an argument that it’s not all bad for all carrier. Indeed, there could be unexpected benefits for some unexpected stakeholders.
What’s at stake?
Hong Kong is the world’s second busiest airport (after Dubai). The airport handled 75.3 million passengers in 2018.
The immediate effect has been canceled flights, delayed and disgruntled passengers, and a logistical headache for the more than 100 airlines that fly in and out of Hong Kong.
