A traveller walks through the arrivals hall at Hong Kong International Airport on August 8. The aviation industry in Asia is unlikely to recover to 2019 levels before 2025. Photo: Bloomberg

Inside Out by David Dodwell

Bleak prospects for Asia, Hong Kong economic recovery amid devastated aviation industry

Mainland China’s first steps to open up to international travel will be critical in driving recovery in Hong Kong and most parts of Asia

But airline rationalisation, high inflation, a coming recession, plus the impact of war, climate change and fuel taxes, are likely to warrant caution

David Dodwell

+ myNEWS

Published: 2:30pm, 11 Dec, 2022

Updated: 2:30pm, 11 Dec, 2022

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A traveller walks through the arrivals hall at Hong Kong International Airport on August 8. The aviation industry in Asia is unlikely to recover to 2019 levels before 2025. Photo: Bloomberg

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Bleak prospects for Asia, Hong Kong economic recovery amid devastated aviation industry

Mainland China’s first steps to open up to international travel will be critical in driving recovery in Hong Kong and most parts of Asia But airline rationalisation, high inflation, a coming recession, plus the impact of war, climate change and fuel taxes, are likely to warrant caution

Mainland China’s first steps to open up to international travel will be critical in driving recovery in Hong Kong and most parts of Asia

But airline rationalisation, high inflation, a coming recession, plus the impact of war, climate change and fuel taxes, are likely to warrant caution