Air Transport World

Hong Kong air rights future. (due to return of Chinese sovereignty in 1997)

China and Britain in late September made a joint declaration concerning the return of Hong Kong to Chinese sovereignty on July 1, 1997. The announcement included agreements on the future of civil aviation in Hong Kong after that date.

Hong Kong will be designated a Special Administrative Region of China, and as such will have control over many of its own affairs, including civil aviation.

The Hong Kong SAR, according to the agreement, "shall maintain the status of Hong Kong as a center of international and regional aviation. Airlines incorporated and having their principal place of business in Hong Kong and civil aviation related businesses may continue to operate."

This is assumed to refer to Cathay Pacific as well as other aviation organizations--such as another Swire-owned company, Haeco--Hong Kong Aircraft Engineering Co. …

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