CAAC Flight 301 overshoots the runway at Kai Tak Airport and crashes into Kowloon Bay, killing seven people.

CAAC Flight 301, a Hawker Siddeley Trident operated by CAAC Guangzhou Regional Administration from Guangzhou Baiyun to Hong Kong Kai Tak, ran off the runway in Hong Kong on 31 August 1988 after clipping approach lights. Six crew members and one passenger perished in the accident. The crash shut down Kai Tak Airport for more than six hours after the accident.

Kai Tak Airport was an international airport of Hong Kong from 1925 until 1998. Officially known as Hong Kong International Airport from 1954 to 6 July 1998, it is often referred to as Hong Kong International Airport, Kai Tak, or simply Kai Tak and Kai Tak International Airport, to distinguish it from its successor, Chek Lap Kok International Airport, built on reclaimed and levelled land around the islands of Chek Lap Kok and Lam Chau, 30 kilometres (19 mi) to the west.

Kowloon Bay is a bay within Victoria Harbour and a neighbourhood within Kowloon, Hong Kong.

August 31 is the 243rd day of the year in the Gregorian calendar; 122 days remain until the end of the year.