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 International Airport
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
Green light for Hong Kong’s third runway
Hong Kong's government has approved a third runway for the city’s international airport. Expected to open by 2023, the HK$141.5 billion (US$18.2 billion) project will be funded from internal funds, borrowings and user fees, including a possible HK$180 (US$23.20) additional passenger fee until the end of construction. Hong Kong International Airport (HKIA) expects to reach maximum capacity under its current layout by 2022 at the latest. Last year, the airport handled 63.4 … [Read more...] about Green light for Hong Kong’s third runway
Green light for Hong Kong’s third runway
Hong Kong's government has approved a third runway for the city’s international airport. Expected to open by 2023, the HK$141.5 billion (US$18.2 billion) project will be funded from internal funds, borrowings and user fees, including a possible HK$180 (US$23.20) additional passenger fee until the end of construction. Hong Kong International Airport (HKIA) expects to reach maximum capacity under its current layout by 2022 at the latest. Last year, the airport handled 63.4 … [Read more...] about Green light for Hong Kong’s third runway
HKIA sees robust growth in cargo volumes
Air cargo throughput at Hong Kong International Airport (HKIA) registered growth of 10.3 per cent to 659,000 tonnes during the first two months of the year. The combined growth of cargo throughput for the first two months was mainly attributed to 12 per cent year-on-year growth in exports and 10 per cent growth in transshipments. Traffic to/from North America and Southeast Asia increased most significantly compared to other key regions. Taking into consideration the fact that Chinese … [Read more...] about HKIA sees robust growth in cargo volumes
HKIA sets record for cargo in November
Hong Kong International Airport (HKIA) set a new monthly record for cargo tonnage throughput in November 2014. During the month, cargo volume rose by 5.5 per cent year on year to reach 421,000 tonnes. Continued growth was also seen in other traffic categories during the month, in which HKIA handled 5.1 million passengers and 32,920 flight movements, registering growth of 5.4 per cent and 4.0 per cent, respectively, over the same period last year. The growth in cargo throughput last month … [Read more...] about HKIA sets record for cargo in November
