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
Hong Kong
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
Cathay launches Kolkata freighter service
Cathay Pacific Airways is starting a bi-weekly non-stop freighter service from Kolkata airport to Hong Kong, aimed at boosting import and export in the region. Operating on Thursdays and Sundays, the company will operate B747-400F to carry an estimated 30 tonnes of cargo to and fro Kolkata. Kolkata is Cathay Pacific’s sixth freighter destination in India along with Mumbai, Delhi, Chennai, Bengaluru and Hyderabad. "The announcement of the launch of freighter services has generated … [Read more...] about Cathay launches Kolkata freighter service
Asians least satisfied with e-shopping experience
Creating personalised e-commerce experiences and providing alternate delivery locations are helping retailers boost customer satisfaction. According to the UPS Pulse of the Online Shopper study, online shoppers in Asia continue to be the least satisfied with their online and in-store shopping experiences. UPS and comScore Inc. released the second global study analysing what drives an online shopper’s full path to purchase. Results show the advent of the ‘flex shopper’ … [Read more...] about Asians least satisfied with e-shopping experience
Panalpina expands air freight network to Brazil
Panalpina is expanding its controlled air freight network by adding a full-freighter service to Brazil. As of March, Panalpina will not only operate scheduled charter flights from Hong Kong to Huntsville, but also from Huntsville to São Paulo. The extended service is part of the recently renewed long-term agreement between Panalpina and Atlas Air. It offers scheduled main deck capacity to South America from the US and a record transit time of less than 40 hours from Hong Kong to … [Read more...] about Panalpina expands air freight network to Brazil
Cathay welcomes gov’t budget initiatives
Cathay Pacific Airways welcomed the budget strategy outlined by Hong Kong SAR Government Financial Secretary John Tsang yesterday, and in particular the range of initiatives that will help to promote tourism, trade and investment opportunities in Hong Kong. Cathay Pacific chief executive Ivan Chu said: “We are encouraged by the Government’s plan to launch promotional activities that will help to attract more overseas visitors, business travelers and investors to Hong Kong. As the … [Read more...] about Cathay welcomes gov’t budget initiatives
