New records for Hactl, but slow month for HKIA

Hong Kong Air Cargo Terminals Limited (Hactl, the biggest handler at Hong Kong International) recently broke both monthly and daily ramp-handling records. In November 2015, Hactl handled 2,242 freighter aircraft, ten more than the previous record set in November 2014 On 2 December 2015, Hactl handled ninety-five freighters, up three over the ninety-two it handled […]

AirBridge gets Fifth Freedom rights out of Hong Kong

Russia and Hong Kong renegotiated their bilateral air services agreement to allow Russian carriers authority to operate flights between Hong Kong and any two intermediate points chosen from Almaty, Bangkok, Hanoi, Kuala Lumpur, Seoul, and Singapore. The revised agreement allows for up to three flights per week per point, in each direction. Russian carriers were […]

Inside the cargo terminal

As we reported earlier this month, 2014 was a very good year for cargo operations at Hong Kong International Airport. The new Cathay Pacific Cargo Terminal handled 1.45 million tonnes in its first full year of operation, which Hong Kong Air Cargo Terminals (Hactl) reported its full-year handle – adjusted for the loss of Cathay Pacific’s […]

A good year for both Hactl & Cathay

Hong Kong Air Cargo Terminals (Hactl) reported its full-year 2014 handle – adjusted for the loss of Cathay Pacific’s business last year – up 8.7% to 1.81 million tonnes. The adjusted growth was led by a 28.6% jump in transshipment volume to 131,000 tonnes, while import volume was up 10.3% to 498,000 tonnes and export volume rose […]

A month of broken cargo records

In yesterday’s post about the strength of air freight demand in November, we noted that two of the companies reporting – Hong Kong International Airport and Etihad Airways – achieved record volumes. But that turns out to be only the tip of this particular iceberg, as records continued to fall. Cargolux: Luxembourg-based all-cargo carrier Cargolux […]

There’s no such thing as a free lunch

China’s express companies finally abandon “free” home delivery for online shoppers. It is no secret that the explosive growth of online shopping in China has driven equally explosive growth in the package delivery business. According to data from the State Post Bureau, China’s express companies delivered 9.2 billion pieces of goods in 2013, up 61.5% […]

Hong Kong to become an aircraft leasing hub?

A task force set up in Hong Kong by the Economic Development Commission’s Transport Working Group appears set to recommend that the territory should aim to become an aircraft leasing hub. Dewey Yee, who leads the Working Group on Transportation, said “Hong Kong’s integrated financial infrastructure is widely accepted by the global international financial and […]
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