Coronavirus: Hong Kong International Airport’s profits survived 9/11, Sars, and the 2008 global financial crisis, but Covid-19 is different

Hong Kong International Airport’s 20-year profit streak, which survived 9/11, Sars, and the global financial crisis, will not escape the coronavirus pandemic unscathed, officials have said.In releasing its annual report on Wednesday evening, the city’s Airport Authority gave a pessimistic outlook for its future, and said profits would grow more slowly in the midterm, in the face of the almost total collapse of the commercial travel industry.The airport reported a 30 per cent drop in profits to…

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