AA's annual revenue of 5.8 billion fell 2.3%, loss narrowed to 3 billion

The Airport Authority Hong Kong released its annual report today (6th), showing that the revenue for the 2021/22 period decreased by 2.3% year-on-year to 5.798 billion yuan, and the loss attributable to ordinary shareholders narrowed by 31.5% to 3.014 billion yuan.

The AA currently holds a 35% stake in Hangzhou Xiaoshan International Airport. Affected by the epidemic, the passenger volume last year remained at the level of 2020, recording 28.2 million passengers. Xiaoshan Airport is undergoing expansion and is expected to handle 50 million passengers.

Hong Kong International Airport Terminal 1 7th Floor is adjacent to the first class VIP lounges of Huan Yu Tang, Gates 1 to 4.

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According to the AA’s annual report, the revenue for the 2021/22 period recorded 5.798 billion yuan, a decrease of 2.3% from 5.936 billion yuan in 2020/21, and the loss attributable to ordinary shareholders recorded 3.014 billion yuan, which was lower than the 20/21 year’s 5.936 billion yuan. 4.4 billion yuan decreased by 31.5%.

The three-run airport is about to be put into use. The annual report points out that the three-run test flight started in March this year and was completed in April. The application for the airport license for conversion to a temporary dual-runway system operation and the preparations for its opening are proceeding as scheduled. Other airfield construction works Including a section of westbound tunnel under the taxiway, which was completed in February this year.

The eastbound tunnel on the existing airport island is under construction, while piling works for the tunnel section on reclaimed land began in September last year, and a section of tunnel under the middle runway will begin when the runway closes.

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As for the T2 Concourse and the expansion of Terminal 2, the foundation and substructure works are continuing, including the superstructure and building services works at the southern end of Terminal 2. The steel structure of the first roof module was erected in March this year.

Construction of the superstructure of the T2 Concourse will start in 2022/23.

The foundations of the new air traffic control tower have been completed and work on its superstructure began in March this year.

The AA holds a 35% stake in Hangzhou Xiaoshan International Airport. Affected by the epidemic, the passenger volume last year remained at 28.2 million at the level of 2020, and the number of aircraft movements rose slightly by 0.4% to 238,000. The cargo volume benefited from the electronic Demand for trading and cold chain services increased by 14.0% to 914,000 metric tons.

Xiaoshan Airport is in the third phase of its expansion plan. The construction of the core project Terminal 4 and the integrated transportation center was completed at the end of last year. The two new buildings were opened in May this year, and the annual passenger capacity will eventually reach 50 million.

The AA owns a 55% stake in the joint venture company that manages Zhuhai Airport. In 2021, passenger and cargo volumes at Zhuhai Airport will increase by 9.3% and 4.4% to 8 million passengers and 40,000 tonnes respectively, and aircraft movements will increase by 9.2% to 66,000 sorties.

Lam Tin Hock, Chief Executive Officer of the Airport Authority.

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Chief Executive Lin Tianfu's "salary increase in the epidemic city" 9.5% annual salary of 11.015 million yuan

AA Chief Executive Lam Tin Hock "wage increase in epidemic city".

According to the financial statement of the annual report, taking into account the basic salary, outstanding performance remuneration and retirement benefits, Lin's annual salary in 2022 will be as high as 11.015 million yuan, which is 957,000 yuan more than the 10.058 million yuan he received in 2021, that is, a "salary increase" of 9.5 yuan %, which is more than 10.562 million in 2019, just before the outbreak.

The details of the annual report pointed out that the retirement benefits in Lin Tianfu's annual salary remained unchanged at 903,000 yuan, and the main increase was concentrated in the basic salary and outstanding performance remuneration, which were 6.81 million yuan and 3.3 million yuan respectively, compared with 6.217 million yuan in 2021 and 3.3 million yuan. 2.936 million yuan, an increase of 593,000 yuan and 364,000 yuan respectively.

Its annual salary of 11.015 million yuan is also more than double the 5.08 million yuan paid by former Chief Executive Carrie Lam in 2020-21.

The airport has runway three times since 7.8, and the runway is closed and reconfigured to be completed in 2024. Hong Kong International Airport falls out of the top 10 in the world for the first time. ” The passenger volume of the second sister’s thrilling birth port airport is far behind Japan, South Korea and Singapore. How far is the dismantling from the regional aviation hub