Hong Kong Air Cargo Terminals Limited (Hactl) has signed a new, 10-year extension of its handling franchise at the airport. The new agreement with Hong Kong’s Airport Authority runs from July 2018, when the current franchise expires. Hact chief executive Mark Whitehead said: “I don’t believe we can send a clearer signal about our total commitment both to the airport and to the future of our business. Hactl is here to stay. “We are also committed to on-going … [Read more...] about Ten-year extension for Hactl
Hong Kong Air Cargo Terminals Limited
Ten-year extension for Hactl
Hong Kong Air Cargo Terminals Limited (Hactl) has signed a new, 10-year extension of its handling franchise at the airport. The new agreement with Hong Kong’s Airport Authority runs from July 2018, when the current franchise expires. Hact chief executive Mark Whitehead said: “I don’t believe we can send a clearer signal about our total commitment both to the airport and to the future of our business. Hactl is here to stay. “We are also committed to on-going … [Read more...] about Ten-year extension for Hactl
Hactl makes strong Q4 impression
Hong Kong Air Cargo Terminals Limited (Hactl) ended 2014 with its strongest quarter of the year, handling 491,476 tonnes (up 4.9 per cent on the same period of 2013). The last quarter was also the best of the year for exports, which totalled 287,456 tonnes (up 4.2 per cent on 2013), for imports, which totalled 131,202 tonnes (up 7.7 per cent) and for mail and express, which totalled 41,558 tonnes (down 2.2 per cent). Transshipments totalled 31,261 tonnes (up 11.1 per cent, but only the third … [Read more...] about Hactl makes strong Q4 impression
Hactl up 10.1% in third quarter
Hong Kong Air Cargo Terminals Limited (Hactl) has achieved 10.1 per cent growth in tonnage through its SuperTerminal 1 base in the first nine months of 2014, compared to the same period of 2013. Total cargo handled in the period was 1,323,250 tonnes. Imports in January-September increased 11.2 per cent YoY, to a total of 367,137 tonnes. Exports also grew by 7.6 per cent over 2013, reaching 748,443 tonnes. Transshipments continued to show the largest percentage growth, up 35.3 per cent on the … [Read more...] about Hactl up 10.1% in third quarter
Hactl hosts IATA Dangerous Goods Board meeting
Hong Kong Air Cargo Terminals Limited (Hactl) has hosted the 105th meeting of IATA Dangerous Goods Board (DGB). The three-day event took place in Hactl's in-house conference facility, and was attended by the 11 members of the Dangerous Goods Board, together with some 50 additional observers including dangerous goods experts from airlines and representatives of the International Federation of Air Line Pilots' Associations (IFALPA). Hactl's operation training services manager, Simon Yap, also … [Read more...] about Hactl hosts IATA Dangerous Goods Board meeting
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