Cathay Pacific CEO backs rail-air integration for HK
Cathay Pacific Airways chief executive Ronald Lam says high-speed rail and air travel are not a zero-sum game and that the two sectors should support each other to drive Hong Kong's long-term growth. Speaking on RTHK's "On Broadcast Drive" programme, he said air-rail integration has huge potential. "High-speed rail competes with aviation to some extent, but it also complements it – so it's not a…
Cathay Pacific CEO Ronald Lam has expressed support for integrating high-speed rail and air travel in Hong Kong, stating that the two sectors can complement each other rather than compete. During an interview on RTHK's "On Broadcast Drive" program, Lam emphasized the potential of air-rail intermodal transport, pointing out that it could benefit both mainland passengers traveling to Hong Kong by high-speed rail and then connecting to an international flight, as well as international travelers flying into Hong Kong and then taking the high-speed rail to various cities on the mainland.
Lam also shared Cathay Pacific's growth strategy, which involves expanding its network from 100 to 150 destinations over the next decade. This expansion includes targeting new markets in the Middle East, Central Asia, Africa, and South America. While Lam acknowledged that some of these new routes might not be profitable in the initial years, he considered them valuable long-term investments for the business and Hong Kong.
Written by urgent.news from RTHK News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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