Hong Kong International Airport (HKIA) reported a slide in cargo volume for September despite uptick in imports and exports as capacity remains constrained. The world’s busiest air cargo hub saw freighter movements improve from last month’s 21.5 percent, up 25 percent compared to the same month last year. However, this was not enough to hoist the volume as it dipped 4.4 percent from September 2019. Cargo volume in August was down 3.5 percent year on year. Also read: HKIA: Cargo steady in … [Read more...] about HKIA’s cargo volume dips 4.4 percent in September
HKIA
Significant growth for HKIA in first half of 2017
Hong Kong International Airport (HKIA) recorded growth in all three air traffic categories in the first half of 2017, highlighted by significant growth in cargo throughput. From January to June this year, HKIA handled 2.3 million tonnes of cargo, soaring 11.3% over the same period last year. Passenger throughput and flight movements climbed 1.3% and 0.9% year on year to 35.7 million and 206,560 respectively. Passenger traffic was driven by the continued growth of travel among Hong … [Read more...] about Significant growth for HKIA in first half of 2017
HKIA sees cargo growth of 7.1% in October
Hong Kong International Airport’s (HKIA) tonnage grew year-on-year (YOY) by 7.1 per cent in October to 420,000 tonnes in the month. The strong growth was mainly attributed to the robust 13 per cent YOY growth in transhipments. Among the key trade lanes, traffic to and from Europe and Southeast Asia increased most significantly during the month, HKIA reports. In the first 10 months of this year, cargo throughput grew 1.9 per cent to 3.7 million tonnes compared to previous year. On a rolling … [Read more...] about HKIA sees cargo growth of 7.1% in October
DHL Express unveils new HK$78 million facility
DHL Express announced today the opening of its new state-of-the-art service centre located at Goodman Interlink in Tsing Yi. DHL said the new facility complements the company’s existing service centres in Cheung Sha Wan and Tsuen Wan and significantly bolsters the overall shipment handling capacity of the company, supporting the steady business growth in the market. The new Tsing Yi Service Center represents a total investment of HK$78 million (US$10 million) and measures approximately 13,000 … [Read more...] about DHL Express unveils new HK$78 million facility
Hactl, CKS join forces to further tap Pearl River Delta cargo
Aiming to further tap the Pearl River Delta region, HACTL Development Holdings Ltd (HDHL) – the business development arm of the Hong Kong Air Cargo Terminal Ltd (Hactl) Group - has entered into a unique cargo logistics agreement with Chu Kong Shipping Enterprises (CKS). The objective of the Memorandam of Understanding (MoU) is to explore the joint development of logistics links and infrastructure in and around Hong Kong International Airport and the Pearl River Delta region, supporting the … [Read more...] about Hactl, CKS join forces to further tap Pearl River Delta cargo
HK signs loan US$600m loan deal for third runway
The Airport Authority Hong Kong has signed a five-year, US$600 million evolving credit facility with 21 local and international banks participating, to help finance the expansion to a three-runway airport. Jack So Chak-kwong, the authority’s chairman, said a third runway is vital for HKIA’s cargo business, which handled 4.38 million tonnes in 2014 – a 6.0 per cent rise over the previous year. For the first six months of 2015, cargo traffic at HKIA was mostly flat, rising just 0.6 per cent, … [Read more...] about HK signs loan US$600m loan deal for third runway