Shanghai Airport Authority (SAA) and Airport Authority Hong Kong (AAHK) signed a cooperation agreement in Shanghai today for the establishment of the Shanghai Hong Kong Airport Management Co., Ltd (JV). The jointventure company is aimed at enhancing collaboration between and further develop the strengths of the airports in Shanghai and Hong Kong, the two said. Shanghai is the first Mainland city to have two international airports. Pudong Airport, an international hub airport with an … [Read more...] about Hong Kong and Shanghai Airports in new JV
cargo aviation
ANA to boost Asia cargo ops using Naha airport
All Nippon Airways is seeking to build a profitable Asian cargo business in two years using Naha Airport, with the planned flight operation due to begin Monday night, the company’s president said. The company will rely on the airport’s competitive advantage in the capital of Japan’s southernmost island prefecture of Okinawa stemming from its proximity to Asia, Shinichiro Ito said at a news conference. ANA’s ‘‘cargo … [Read more...] about ANA to boost Asia cargo ops using Naha airport
Cargo & pax declines moderate further at HK
Cargo throughput in September at Hong Kong International Airport (HKIA) dropped 4.3 per cent year-onyear to 304,000 tonnes, while passenger throughput reached 3.5 million passenger trips in September 2009, 3.5 per cent below the same period in 2008. Air traffic movements recorded a decline of 8 per cent to 22,570. Declines in air traffic volumes have continued to narrow over the last three months, HKIA said. Noting that cargo volume has improved significantly from a drop of 22.9 per cent in … [Read more...] about Cargo & pax declines moderate further at HK
BAA sells Gatwick for US$2.5 billion
UK airports operator, BAA, owned by Spanish construction firm Ferrovial, agreed to sell Gatwick Airport to investment fund Global Infrastructure Partners for 1.5 billion pounds (US$2.46 billion) on Wednesday, as part of a competition ruling that it must offload three British airports in total. BAA said it will use the proceeds to repay debt. A $91.9 million portion of the sale price is conditional on future traffic performance and the buyer’s future capital structure. Global … [Read more...] about BAA sells Gatwick for US$2.5 billion
Schiphol launches new security ‘scan street’
An air cargo security project – Cargo Checkpoint – has been launched at Amsterdam Schiphol airport in the Netherlands. It uses a variety of systems to check cargo containers as they are driven through a so-called “scan street’’ on trailers at a speed of 10 km an hour. Scanned images then are inspected by Customs analysts who identify any irregularities and can call for further inspections. The project is a partnership between Dutch … [Read more...] about Schiphol launches new security ‘scan street’
German government to remove night restrictions
German Chancellor Angela Merkel’s new coalition will ease rules that limit night flights to help companies including Deutsche Lufthansa AG and Fraport AG stay competitive, a senior coalition lawmaker said, according to a Bloomberg News report. Merkel’s prospective alliance of her Christian Democrats and the Free Democrats will curtail powers that Germany’s 16 states have to restrict night flights, Hans-Peter Friedrich, the deputy leader in parliament of … [Read more...] about German government to remove night restrictions