'Although the global aviation industry, with Hong Kong being no exception, has been hard hit by the Covid-19 pandemic, I remain confident that our status as an international aviation hub could be consolidated and enhanced.' said Ms Lam.
Ms Lam also outlined greater cooperation with Zhuhai airport, saying the Airport Authority of Hong Kong will inject equity on the basis of market principles.
The construction of a 3,800-metre-long third runway is expected to help Hong Kong International Airport's competitiveness.
Hong Kong is also interested in establishing an aviation industrial cluster in Zhuhai in southern China that would deal with aircraft maintenance, parts manufacturing, and research on aircraft engineering.
Boeing Co recently said that China's civil aviation industry will need over 400,000 new personnel including pilots, cabin crew, and technicians by 2040, as well as 8,700 new aircraft.