Core Viewpoint - The Guangdong-Hong Kong-Macao Greater Bay Area is rapidly developing into a world-class airport cluster, with significant expansions and upgrades to its airport infrastructure, enhancing its global connectivity and economic potential [3][4]. Group 1: Airport Infrastructure Development - The Greater Bay Area is set to become one of the regions with the highest airport runway density globally, with the successful trial flights of the fifth runway at Guangzhou Baiyun International Airport and the completion of flight checks for the third runway at Shenzhen Bao'an International Airport [3]. - By November 2024, the Hong Kong International Airport will officially open its third runway, bringing the total number of operational runways in the Greater Bay Area to 15 [3]. - The area currently has three major hub airports (Guangzhou, Shenzhen, Hong Kong) and several other airports, with a network covering over 200 cities worldwide [3]. Group 2: Passenger Volume and Economic Impact - In 2024, the total passenger throughput of the seven airports in the Greater Bay Area is expected to exceed 200 million, reflecting the region's increasing vitality and economic stability [4]. - The expansion of airport infrastructure is supported by the growing demand for air travel and the region's enhanced openness to international markets [4]. Group 3: Transportation Connectivity - The development of a multi-dimensional transportation network, including high-speed rail and cross-border infrastructure, is crucial for the integration of the Greater Bay Area's airports [5]. - The Guangzhou Baiyun International Airport's new T3 terminal will connect with six high-speed rail lines and three intercity rail lines, facilitating seamless transfers for passengers [5]. - The Shenzhen Airport East Station will become a key hub, allowing quick access to major areas within the Greater Bay Area [5]. Group 4: Collaborative Mechanisms - A differentiated positioning system for the airport cluster has been established, promoting cooperation among the five major airports in the Pearl River Delta [6]. - The implementation of the "Jing Zhu Gang Fei" policy allows travelers to bypass Hong Kong immigration procedures, enhancing connectivity [6]. - The airport cluster is evolving from a focus on scale advantages to quality advantages, with a projected demand of 387 million passengers and 20 million tons of cargo by 2030 [6].

Core Insights - The Guangdong-Hong Kong-Macao Greater Bay Area is rapidly developing into a world-class airport cluster, with the highest runway density globally, as evidenced by recent expansions and new runway constructions [2][3]. Group 1: Airport Developments - Guangzhou Baiyun International Airport successfully conducted test flights for its fifth runway, making it the second five-runway airport in China and the first in the Greater Bay Area [2]. - Shenzhen Bao'an International Airport completed flight verification for its third runway, paving the way for its operational launch within the year [2]. - The Hong Kong International Airport is set to officially open its third runway system in November 2024, contributing to a total of 13 operational runways in the Greater Bay Area, with the addition of the 14th and 15th runways soon [2]. Group 2: Infrastructure and Connectivity - The development of the airport cluster is closely linked to the acceleration of major cross-border infrastructure projects, such as the Guangzhou-Shenzhen-Hong Kong Express Rail Link and the Hong Kong-Zhuhai-Macao Bridge, enhancing the multi-modal transport network [4]. - The Guangzhou Baiyun International Airport's T3 terminal is set to integrate six high-speed rail lines and three intercity rail lines, facilitating seamless transfers for passengers [4]. - The Shenzhen Airport East Station will connect various rail services, allowing for quick transfers and positioning it as a key hub in the Greater Bay Area [4]. Group 3: Strategic Positioning and Collaboration - The Greater Bay Area airport cluster has established a differentiated positioning system, promoting cooperation through the Pearl River Delta's five major airport chairperson meetings [5]. - The "Jing Zhuan Fei" policy allows travelers from the mainland to access Hong Kong International Airport without immigration procedures, enhancing connectivity [5]. - The International Air Transport Association predicts that by 2030, the Greater Bay Area's air passenger and cargo demand will reach 387 million and 20 million tons, respectively, indicating significant growth potential [5].

Group 1 - The successful test flight of the fifth runway at Guangzhou Baiyun International Airport marks a significant milestone for its official operation [1][2] - The test flight lasted 5 hours and 6 minutes, validating various operational aspects including communication, navigation, and runway conditions, all meeting industry standards [2] - The fifth runway, located 1530 meters east of the second runway, is 3600 meters long and 45 meters wide, designed to accommodate large E-class aircraft [2] Group 2 - The total investment for the third phase expansion of Guangzhou Baiyun International Airport is 53.77 billion yuan, which includes the construction of a new T3 terminal and two new runways [2][3] - The expansion aims to enhance the airport's capacity to handle 140 million passengers and over 6 million tons of cargo annually, supporting its development as a comprehensive international aviation hub [3] - Significant progress has been made in the construction of the T3 terminal and other associated facilities, with the project entering the final stages of completion [3]