Hong kong airport sees resurge in cargo vol for August

After dip in cargo traffic in July, Hong kong airport sees cargo traffic growth in August . As per Hong kong International Airport (HKIA) the airport saw 2.4% growth YOY in August to 431000 tonnes. HKIA said: “The airport saw strong 9% year-on-year growth in transhipments, which contributed the most to the increase in cargo throughput. “Amongst key trading regions,...

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Hong Kong will be a three-runway airport by 2023

Hong Kong's government has approved a third runway for the city’s international airport. Expected to open by 2023, it will help the island maintain its status as the world’s busiest air cargo hub and help Hong Kong maintain its position against other Asian rivals in China and Singapore. The HK$141.5bn (US$18.2bn) scheme will be funded from internal funds, borrowings and user fees, including a HK$180 (US$23.20) additional passenger fee. The new runway would be to the north of the airport...

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Freight upswing for Hong Kong Airport

Hong Kong International Airport (HKIA) continued to see upswings in freight in August. Cargo throughput grew by 8.8 percent to 366,000 tonnes. Flight movements had a 4 percent increase to 33,700, achieving a new monthly high for the second month in a row.  The growth in cargo throughput was driven mainly by transshipments, which were up 22 percent from a year ago. During...

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