Quantcast

Hong Kong conducts largest-ever bond sale amid airport expansion

Travelers are taking extreme measures and using hacks to avoid airline baggage fees
Wizz Air becomes first airline to operate P&W-powered Airbus A321XLR jet
Hawaiian Airlines’ new ‘no show’ policy may make travel more expensive
BLIMP-SE OF THE FUTURE Luxury zeppelins of the future from ‘flying bum’ world’s largest aircraft to Google billionaire’s ‘impossible’ airship
Swiss Startup SmartFlyer Develops Hybrid-Electric Trainer
San Francisco-based entrepreneur takes a trip on India's worst-rated airline, his reaction will surprise you
First-Time Flyer at 81: A Grandmother's Memorable Journey
Ryanair forecasts fare rebound as consumers recover from interest-rate hit
Global Airlines Launches Inaugural Flight, Aiming to Revive 'Golden Age of Travel'
Winning routes: American Airlines adds more than 22,000 seats for football fans following release of 2025–2026 pro schedule
Boeing scores Middle East plane deal during Trump visit
Air travel will be ‘worse’ this summer, lawmakers warn — as FAA gives infuriating update on system fixes, staffing issues
United Airlines CEO Reassures Passengers About Newark Airport Safety
American Testing Tech to Help Passengers Make Connecting Flights
British Airways to use AI in efforts to improve operations
American Airlines Tests New Tech to Help Passengers With Tight Connections During Summer Rush
Flight Diverted After Pregnant Woman on Board Goes into Labor and Delivers Her Baby: Report
United Airlines CEO Scott Kirby says "this is the most optimistic I've been in my entire career about finally getting the FAA fixed"
U.S. Transportation Secretary Sean P. Duffy Unveils Plan to Build Brand New, State-of-the-Art Air Traffic Control System
Passenger rushing for next flight can't believe what woman next to her does
Why fuel price crash won’t make flying cheaper
Kristi Noem says travelers without Real ID will still be able to fly after deadline
Frontier Airlines Announces New Routes Launching This Summer, Connecting Baltimore With Chicago O’Hare and Trenton, N.J. With Myrtle Beach, S.C.
Airlines in North America prioritize investments in cyber, AI
The evolution of the airline uniform — a cross check
Global Airlines & HiFly Operate 1st Passenger Airbus A380 Flight Between Barcelona And Berlin
American Airlines unveils ritzy new plane suites launching this summer
Airline Stocks To Keep An Eye On - April 28th
Gatwick Airport Faces Potential Strikes
50 New Routes Starting In May 2025
Hong Kong conducts largest-ever bond sale amid airport expansion
Policy
Webp 5r3vc2svdh8ibaxk8gr8iutw0za2
Simple Flying | Simple Flying

The Airport Authority of Hong Kong (AAHK) has conducted a record bond sale, raising HK$18.5 billion (US$2.4 billion). This transaction marks the largest bond offering ever in Hong Kong dollars and underscores the financial center's efforts to fund infrastructure projects amid economic challenges. Bloomberg reported that the deal was finalized late Tuesday.

The bond offering consisted of four tranches with maturities spanning three, five, ten, and thirty years. The yields were set at 4.05%, 4.10%, 4.25%, and 4.50% respectively. An unnamed source indicated that demand from Asian investors led to an order book exceeding HK$25.3 billion, involving banks, asset managers, insurers, other companies, and private banks.

Proceeds from the bonds will support regular business operations and finance major projects such as the airport's three-runway system.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

This bond sale surpasses a previous record set by China Evergrande Group in 2018 with an HK$18 billion convertible-bond offering. Additionally, AAHK has issued 3.2 billion yuan ($436 million) in dim sum notes with ten-year and thirty-year maturities.

Pony.ai announced plans to introduce driverless transportation services at Hong Kong International Airport on Wednesday according to Business Wire.

Despite this financial milestone, challenges persist for Hong Kong International Airport due to delayed infrastructure developments and Cathay Pacific not yet reaching pre-COVID passenger capacity levels.

In November last year, the airport began operating its new three-runway system after opening a north runway in 2022 while temporarily closing another for reconfiguration.

The completion of this project is expected to significantly enhance Hong Kong’s status as an international aviation hub by doubling cargo capacity and increasing passenger throughput capacity by 50% to accommodate up to 120 million passengers annually by 2035.

Vivian Cheung of AAHK highlighted that "the Airport City will become an iconic landmark in the Greater Bay Area," emphasizing innovation as key to their operations.

Cirium data indicates a decline in weekly flights from Hong Kong International Airport between June 2018 and June 2024 during peak travel seasons.

Organizations Included in this History
More News

Flying Food Group, Inc. has announced the recipients of its 2025 scholarships, with all five applicants receiving awards this year.

Oct 23, 2025

Dnata, a global provider of air and travel services, has entered into a joint venture with Azerbaijan’s Silk Way Group to launch ground handling and cargo operations at Alat International Airport, located in the Alat Free Economic Zone in Baku.

Oct 22, 2025

Delta Air Lines has announced the release of version 7.5 of its mobile app, introducing new features aimed at making travel planning and management easier for customers during the holiday season.

Oct 22, 2025

The Fair Work Commission has ruled that a former employee of dnata Airport Services was unfairly dismissed and awarded $36,468.39 in compensation.

Oct 22, 2025

The 13th Annual Breast Care International Walk for the Cure took place in Kumasi, Ghana, drawing around 30,000 participants, including survivors, healthcare professionals, students, traditional leaders, and advocates.

Oct 22, 2025

The Los Angeles International Airport (LAX) has announced the closure of Terminal 5 to allow for a significant redevelopment.

Oct 22, 2025