Cathay, Dragonair hail HK budget's boost to infrastructure

CATHAY Pacific, and its unit airline, Dragonair, have welcomed Hong Kong Financial Secretary John Tsang's second budget because it promotes cross-border infrastructure as well as tourism, conventions and exhibitions.

Said Dragonair CEO Kenny Tang: "Dragonair is Hong Kong's premier mainland carrier, but we also have a niche network of regional destinations, including Hanoi. This network fits well with the enhanced inter-modal links envisioned in Mr Tsang's budget speech and will be beneficial to Hong Kong and mainland businessmen and travellers in these areas."

Said Cathay Pacific CEO Tony Tyler: "As the economies of Hong Kong and the Pearl River Delta become increasingly interdependent, we welcome cross-boundary infrastructure that will reinforce and promote their mutual growth.

"In the case of the Hong Kong-Shenzhen Airport Rail Link, I am sure the financial secretary is conscious of its economic and financial viability as well as its practical benefits. While we see that the link would be beneficial for Hong Kong and Shenzhen, it would not remove the urgent need for a third runway at the Hong Kong International Airport. The Hong Kong hub is central to so much of our economy that we need to maintain the momentum in its capacity growth if we are to keep our competitive advantage against other hubs in the region," said Mr Tyler.

Source: Schednet