Market Chatter: Hong Kong Flight Capacity to Increase 10% in Q2

MT Newswires Live04-21

Hong Kong's airline capacity is expected to expand by about 10% in the second quarter, Bloomberg News reported Tuesday.

Seat capacity to mainland China and South Korea is forecast to jump between 17% and 30% from a year earlier, the report said, citing a Bloomberg Intelligence note.

Short-haul demand is also reportedly lifting traffic to Southeast Asia, particularly Vietnam and Malaysia.

Meanwhile, long-haul services to markets such as the U.S. and Australia are seen rising by around 15% to 16%, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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