Key Takeaways
• Hong Kong Airport profits rose 52.3% to HK$2.457 billion in fiscal year 2024/25.
• Passenger traffic hit 54.9 million, a 21.6% increase, with 5 million tonnes of cargo handled.
• The new Three-runway System boosts capacity to 120 million passengers and doubles cargo by 2035.
Hong Kong International Airport has posted a remarkable financial turnaround, reporting a 52.3% surge in profits to HK$2.457 billion (US$312.9 million) for the 2024/25 fiscal year. This sharp rise marks a major milestone in the airport’s recovery from the pandemic and highlights its growing role as a global aviation hub. The airport’s strong performance is driven by a jump in passenger traffic, expanded cargo operations, and new infrastructure upgrades that promise to reshape travel and trade in the region.
Passenger traffic at Hong Kong International Airport soared to 54.9 million in 2024/25, up 21.6% from the previous year. The airport also handled 373,050 flight movements, a 20.5% increase, and processed 5 million tonnes of cargo, up 10.3%. These figures show that both leisure and business travel are rebounding, and that Hong Kong is regaining its position as a key gateway for goods and people in Asia and beyond.

Profits and Dividends: A Decade-Long Wait Ends
For the first time since 2014/15, the Airport Authority Hong Kong (AAHK) declared a dividend of HK$1.3 billion to the Hong Kong SAR Government. This ends a decade of surplus retention, which was necessary to fund the ambitious Three-runway System (3RS) project. The dividend signals renewed financial strength and confidence in the airport’s future.
Fred Lam, Chairman of AAHK, said, “The commissioning of the Three-runway System is a turning point for Hong Kong International Airport. It not only boosts our capacity but also supports the city’s economic growth and global connectivity.”
The Three-Runway System: Expanding Capacity for the Future
A major driver behind the airport’s growth is the Three-runway System (3RS), which was commissioned on November 28, 2024. Completed on schedule and within budget, the 3RS is designed to meet rising demand for air travel and cargo transport.
Key features of the 3RS include:
– Three operational runways: 7L/25R, 7C/25C, and 7R/25L
– Increased hourly aircraft movements: From 69 to 102, a 48% jump
– Annual passenger capacity: Boosted from 80 million to 120 million by 2035
– Annual cargo capacity: Doubled from 5 million to 10 million tonnes by 2035
Vivian Cheung, Acting CEO of AAHK, noted, “With all three runways now in use, we can handle more flights and serve more destinations. This is vital for Hong Kong’s role as a global aviation and logistics hub.”
Upgrades to Security and Passenger Experience
To keep pace with rising passenger traffic, Hong Kong International Airport has invested HK$800 million in a Smart Security System, launched in June 2024. This system uses advanced screening technology to make security checks faster and less intrusive.
Key improvements include:
– Passengers can keep liquids and electronics in carry-on bags
– 50 new smart screening channels and 32 full-body scanners to be installed over two years
– Departure screening capacity up by 20%
– Each lane can now process 360 passengers per hour, up from 240
– Full-body scanners show only a generic outline, protecting privacy
These changes mean travelers spend less time in security lines and enjoy a smoother airport experience. The upgrades also help the airport handle more passengers efficiently, supporting its growth targets.
Tax and Fee Changes: Balancing Revenue and Traveler Impact
To support ongoing investments and rising operational costs, the Hong Kong SAR Government has adjusted several airport-related taxes and fees.
Key changes include:
– Airport Departure Tax: Increased from HK$120 to HK$200 per passenger for tickets bought after October 1, 2025. This is expected to raise HK$1.6 billion in extra annual revenue.
– Passenger Security Charge (PSC): Revised from January 1, 2025. For example, Japanese travelers will see the PSC rise from 1,130 JPY to 1,330 JPY per departing passenger.
– Talent and Visa Fees: Application fees for talent admission and capital investment schemes are set at HK$600. Visa fees have increased from HK$600 to HK$1,300.
Finance Chief Paul Chan explained that these increases are necessary to fund airport improvements and maintain competitiveness. He also said the government expects only a minor impact on travelers, as the airport’s value and convenience remain strong.
Expanded Tax Exemptions: Supporting Tourism and Transfers
In June 2025, new legislation expanded the Air Passenger Departure Tax Exemption. Now, all passengers who arrive in Hong Kong and depart within 48 hours are exempt from the tax. This move supports intermodal connectivity—making it easier for travelers to transfer between flights, ferries, and trains—and boosts tourism.
To make the process easier, AAHK is developing a one-stop refund service and a new e-application platform for eligible passengers. This digital approach aims to reduce paperwork and speed up refunds, making Hong Kong International Airport even more attractive for transfer passengers.
Expanding the Air Network: More Destinations, More Choices
Hong Kong International Airport’s recovery is also fueled by a rapid expansion of its air network. In 2024/25, 27 airlines launched new or expanded routes, adding 56 destinations. The airport now connects to over 200 cities worldwide with around 140 airlines.
Notable new routes include:
– More flights to Japan, Canada 🇨🇦, Australia 🇦🇺, and mainland China 🇨🇳
– Increased frequency on popular business and leisure routes
In the first two months of 2025 alone, the airport handled 9.8 million passengers (up 17.3% year-on-year) and 62,735 flight movements (up 11.2%). Cargo volumes also rose, with 718,000 tonnes handled (+2.2%), especially strong in Europe and the Middle East.
Industry Recognition and Awards
Hong Kong International Airport’s achievements have not gone unnoticed. The airport was named the world’s busiest cargo airport for the 14th time since 2010. It also received the Prestigious Infrastructure Project in Hong Kong award for the successful completion of the 3RS.
These honors reflect the airport’s commitment to excellence and its vital role in global trade and travel.
Implications for Travelers
For travelers, the changes at Hong Kong International Airport mean:
– Faster, less stressful security checks thanks to smart screening technology
– More flight options and direct routes to new destinations
– Higher departure taxes and security charges for some, but many transfer passengers will be exempt under the new rules
– Easier refunds for eligible passengers through digital platforms
These improvements make the airport more convenient and efficient, even as it handles more people and flights than ever before.
Implications for Airlines and the Economy
Airlines benefit from:
– Increased airport capacity and more efficient operations
– Expanded network connectivity to new markets
– Support for cargo operations, which are vital for trade and supply chains
For the Hong Kong economy, the airport’s growth supports tourism, trade, and investment. It helps reinforce Hong Kong’s status as a leading global aviation and logistics hub, attracting businesses and talent from around the world.
Policy and Fee Changes: What Immigrants and Visitors Need to Know
The rise in talent and visa fees affects those applying to live, work, or invest in Hong Kong. The application fee for talent admission and capital investment schemes is now HK$600, while general visa fees have increased to HK$1,300.
These changes may impact the cost of moving to Hong Kong, but the city’s strong air links and economic opportunities continue to attract skilled workers and investors. The airport’s expanded capacity and improved services make it easier for newcomers to travel to and from Hong Kong, supporting the city’s role as a magnet for global talent.
For official information on visa and immigration requirements, travelers and immigrants can visit the Hong Kong Immigration Department website, which provides up-to-date details on forms, fees, and application processes.
Solution-Oriented Developments: Making Travel Easier
Hong Kong International Airport is not just expanding; it is also making travel easier and more pleasant. The smart security upgrades, digital refund platforms, and expanded tax exemptions are all designed to reduce hassle and save time for passengers.
Key solution-oriented features:
– Smart Security: Less time in lines, less need to unpack bags, more privacy
– Digital Refunds: Faster, simpler process for tax exemptions
– Expanded Routes: More direct flights mean less time in transit
These steps show the airport’s commitment to putting passengers first, even as it grows.
Looking Ahead: Ambitious Goals for 2035
Hong Kong International Airport has set ambitious targets for the future:
– 120 million passengers per year by 2035
– 10 million tonnes of cargo per year by 2035
To reach these goals, the airport will continue to invest in infrastructure, digital technology, and passenger services. The Airport City vision includes further improvements to intermodal connectivity, making it easier for travelers to switch between planes, trains, and ferries.
As reported by VisaVerge.com, these developments position Hong Kong International Airport as a leader in global aviation, ready to meet the needs of travelers, airlines, and businesses for years to come.
Stakeholder Perspectives: Voices from the Industry
Fred Lam, AAHK Chairman, summed up the airport’s achievements: “The Three-runway System is a game-changer for Hong Kong. It gives us the capacity and flexibility to serve more passengers and cargo, and it supports the city’s growth as a global hub.”
Vivian Cheung, Acting CEO, added, “Our focus is on delivering a world-class passenger experience while supporting the needs of airlines and the wider economy. The upgrades we’ve made this year are just the beginning.”
Finance Chief Paul Chan emphasized the importance of balancing investment with affordability: “The new taxes and fees are necessary to fund improvements, but we are committed to keeping Hong Kong International Airport competitive and accessible.”
Practical Guidance for Travelers and Immigrants
If you plan to travel through or move to Hong Kong, keep these tips in mind:
– Check for updated taxes and fees before booking flights or applying for visas
– Look for new routes and expanded services that may offer more convenient travel options
– Take advantage of digital refund platforms if you qualify for tax exemptions
– Visit the official Hong Kong International Airport website for the latest updates on flights, services, and policies
Conclusion: A New Era for Hong Kong International Airport
The surge in profits, growth in passenger traffic, and major infrastructure upgrades at Hong Kong International Airport mark the start of a new era. The airport’s focus on efficiency, connectivity, and passenger experience sets a high standard for global aviation.
As Hong Kong continues to open up and attract travelers, businesses, and immigrants, its airport stands ready to meet the challenges and opportunities ahead. Whether you are a frequent flyer, a first-time visitor, or someone planning to make Hong Kong your new home, the changes at the airport promise a smoother, faster, and more connected journey.
For more details on immigration forms, visa requirements, and airport services, always refer to official government sources and the airport’s own website. This ensures you have the most accurate and up-to-date information for your travel or relocation plans.
Learn Today
Three-runway System (3RS) → An expansion project adding two runways to increase airport capacity and efficiency by 2035.
Passenger Security Charge (PSC) → A fee charged per departing passenger to fund airport security enhancements.
Airport Departure Tax → A tax levied on passengers departing Hong Kong, increased to raise infrastructure funds.
Smart Security System → Advanced screening technology reducing wait times and protecting passenger privacy during security checks.
Talent Admission Scheme → A visa program allowing skilled workers to live and work in Hong Kong under set requirements.
This Article in a Nutshell
Hong Kong International Airport reported a 52.3% profit surge, driven by rising passenger traffic and cargo. The new Three-runway System expands capacity and smart security upgrades speed processing. Tax adjustments support growth while expanded exemptions aid transit passengers, underpinning Hong Kong’s position as a global aviation hub poised for future growth.
— By VisaVerge.com