Alibaba commits to Hong Kong smart logistics network
Senior executives from Alibaba Group and Airport Authority Hong Kong have expressed their commitment to jointly build a global smart logistics network to foster more inclusive trade. A smart logistics hub will be built in Kwo Lo Wan at Hong Kong International Airport. In June this year, Alibaba Group’s logistics arm Cainiao Network was awarded […]
HKIA celebrates “fruitful” year with record cargo volumes
Hong Kong International Airport (HKIA) has retained its position as the busiest cargo airport for the seventh consecutive year as it celebrates a “fruitful” 2016/17 fiscal year. Cargo volumes grew 6.7 per cent to 4.6 million tonnes, an all time high, and passenger numbers and flight movements also broke all time records. Revenue increased 2.4 […]
HKIA starts constructing third runway
Hong Kong International Airport (HKIA) has started construction of the three-runway system (3RS), which it expects to complete by 2024. The construction will include 650 hectares of land reclamation, the runway itself, taxiway system and the Third Runway Building with 57 parking positions. HKIA’s operator, Airport Authority Hong Kong (AA) says to protect the environment […]
HKIA profits increase despite cargo volume drop
Hong Kong International Airport (HKIA) has seen profit increase by 15.2 per cent to 8.3 billion Hong Kong dollars ($1 billion) despite cargo volumes falling. For the 2015/16 financial year, profits rose from HK$7.2 billion and revenue increased by 11.1 per cent from HK$16.3 billion to HK$18.2 billion. HKIA remained the busiest cargo airport in […]
Hong Kong establishes civil aviation academy
Airport Authority Hong Kong (AA) has established a civil aviation academy to cater for Hong Kong International Airport’s medium to long term growth. The airport operator says it hopes to implement the plan as soon as possible and will initially involve training operations management staff, technical and service staff. AA says it will develop training, […]
Regional weakness causes Hong Kong fall
Hong Kong International Airport (HKIA) has seen cargo volumes fall by 3.1 per cent to 407,000 tonnes in November, because of weakness in China and South East Asia. The airport says transhipments fell by six per cent year-on-year and imports were down by four per cent. On a rolling 12 months basis, HKIA has seen […]
