Di Yi Cai Jing·2025-09-30 08:53Core Insights - The competition among the three major airports in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is intensifying, with significant developments occurring in a short time frame [1][2][3] Infrastructure Developments - Guangzhou Baiyun International Airport is set to achieve a capacity of 120 million passengers and 3.8 million tons of cargo annually after the completion of its expansion [3] - Shenzhen Bao'an International Airport's third runway, designed to handle 80 million passengers and 2.6 million tons of cargo annually, is expected to be completed by 2025 [2][3] - Hong Kong International Airport's third runway system, which will increase its annual passenger capacity to 120 million and cargo capacity to 1 million tons, is scheduled to be operational by November 2024 [2] Runway Competition - The GBA airports have increased their runway count to 13, with plans for the 14th and 15th runways underway [2] - Hong Kong International Airport leads with its third runway, while Guangzhou and Shenzhen are rapidly expanding their runway capabilities [2] Route Expansion - Shenzhen Airport has significantly increased its domestic and international routes, reaching nearly 130 domestic and around 50 international destinations in the first half of the year [5] - Guangzhou Baiyun Airport covers over 230 domestic and international destinations, with more than 1,800 international flights weekly [6] - Hong Kong Airport connects over 220 destinations globally, including around 50 in mainland China, with a strong focus on enhancing its domestic route network [6] Passenger Source Competition - Airports in the GBA are establishing city check-in lounges in each other's territories to attract passengers, with Shenzhen Airport seeing a 10% increase in Hong Kong residents flying from Shenzhen [7] - Hong Kong Airport has set up approximately 30 city check-in lounges in the GBA to facilitate passenger flow [7][8] Collaborative Development - The GBA aims to develop a world-class airport cluster, with a focus on enhancing the competitive positions of Hong Kong, Guangzhou, and Shenzhen airports while promoting coordinated development [9][10] - The region's population and economic scale support multiple international hubs, fostering healthy competition that can lower travel and logistics costs [9]