23 JANUARY 1999, Page 24

Out on a wing

NOW that it has gone, I miss Hong Kong's city-centre airport. That 47 degree turn on the final approach — up a bit, George, mind the block of flats, right hand down, no, George, I said right — got you into the mood of the markets, and when it was time to go, after lunch at Jardine Fleming, you could step through the circular window, clutch the wing of a passing Boeing and be hauled inboard. The new offshore airport does at least make Terminal Three at Heathrow look like a crowded steppe with a race migration in progress, and has been built in less time than it has taken us to hold the (unfinished) inquiry into building a Terminal Five. As for the Channel Tun- nel rail link, it would have been quicker and better to have tunnelled to Hong Kong.