Hong Kong International Airport Unveils New Third Runway Amidst Marginal Slot Increases

On November 27, 2024, Hong Kong's Chek Lap Kok International Airport officially opened its eagerly awaited third runway, a significant development aimed at enhancing the airport's operational capacity and bolstering its competitive edge in the aviation sector. This new infrastructure comes at a crucial time, as global air travel continues to rebound post-pandemic, prompting increased demand for airport services.

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French Plans to Raise Taxes

In one evolving chapter that has raised quite a storm of debate and concern in the aviation world, IATA just sounded a warning to the French government on its tax rises. This renovated fiscal strategy increased the wing of taxation slapped on airlines, which IATA termed as nothing short of "disastrous" to aviation.

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