Hactl upgrades cargo management system Officials from Hong Kong Air Cargo Terminals Ltd. (Hactl) have announced that Hactl SuperTerminal 1 will transition to a new airfreight management system in December. This modernisation is a key part of Hactl’s HK$240 million (US$30.9 million) initiative to upgrade its facilities. COSAC-Plus, which will replace the technology Hactl has utilised for the past 17 years and will expedite Customs’ clearance and facilitate improved integration with … [Read more...] about Hactl upgrades cargo management system
HACTL
Swire, Cathay sell stakes in HACTL
Swire Pacific Limited and its Cathay Pacific Airways subsidiary have announced an agreement to sell their entire interests, 19.998 and 10 per cent respectively, in Hong Kong Air Cargo Terminals Limited (HACTL) and HACTL Investment Holdings Limited (HIHL). The interests in HACTL and HIHL are being purchased by existing HACTL and HIHL shareholders, namely Jardine Matheson & Co., Limited, The Wharf (Holdings) Limited, Mosgen Limited (a wholly owned subsidiary of Hutchison Whampoa Limited), … [Read more...] about Swire, Cathay sell stakes in HACTL
Hactl reports stabilising volumes
Hong Kong Air Cargo Terminals Limited (Hactl) announced that its tonnage throughput for the first nine months of the year was 1,624,116 tonnes, representing a cumulative year-on-year drop of 16.3 per cent. September tonnage further stabilised with a total of 212,391 tonnes handled, registering a milder drop of 4.3 per cent year-on-year, said Hactl in a statement. Tonnage performance in the third quarter also showed clear improvement compared with last quarter, with a total of 620,358 tonnes … [Read more...] about Hactl reports stabilising volumes
Italy’s ‘reborn’ Cargoitalia takes to the skies
With the ongoing severe downturn in the air cargo market punishing carriers with impunity, the obvious starting point for a discussion of the new carrier centres on timing. “We hope it’s the right time,†says Cargoitalia S.p.A.’s commercial director Roberto Gilardoni with evidentoptimism. The original plan was somewhat delayed, he says – a result of hiccups with the acquisition and issues relating to the AOC. “Originally we were supposed to … [Read more...] about Italy’s ‘reborn’ Cargoitalia takes to the skies
Hactl picks up new customers
Hong Kong Air Cargo Terminals Limited (Hactl) has announced that TNT Airways has appointed it as its cargo ground handler at Hong Kong International Airport (HKIA) to support its new freighter service between Hong Kong and Europe. TNT Airways, the leading global express services group, launched its first scheduled freighter service on 17 September, flying direct between Hong Kong and Liege, Belgium three times a week with its B747-freighter fleet. Hactl was appointed to provide physical … [Read more...] about Hactl picks up new customers
HONG KONG: Hong Kong air cargo decline moderates
Cargo tonnage at Hong Kong’s Asia Airfreight Terminal (AAT), pictured above, was down 20 per cent in July year-on-year, while the larger Hong Kong AirCargo Terminals was down 8.4 per cent. Hong Kong Air Cargo Terminals Limited (Hactl) has announced it handled a total of 201,157 tonnes of cargo in July, representing an improved year-on-year decline of 8.4 per cent compared with that in previous months. Cumulative tonnage from January to July was 1.2 million tonnes, down 19.6 per … [Read more...] about HONG KONG: Hong Kong air cargo decline moderates
