The year-over-year distortions of the U.S. West Coast port dispute early in 2015 that pushed shippers to the skies were keenly felt in February cargo volumes at Hong Kong International Airport that recorded a drop of 15 percent compared to the same month last year.
Hong Kong International Airport
15 Dec 2015
Hong Kong’s airport and its leading airline saw their hopes for a strong air freight finish to the year dashed as November figures fell back into negative growth that has gripped the world’s busiest airport for most of the year.
17 Mar 2015
The government of Hong Kong has approved the building of a third runway at Hong Kong International Airport (HKIA), announcing that it would fund the $18.2 billion expansion through internal funds, external borrowings and higher user fees.
27 Jan 2015
The sharply divergent fortunes of the air and ocean cargo sectors in Hong Kong are illustrated in a chart from CBRE Research on container and air freight throughput during 2014.
15 Jan 2015
Cathay Pacific and its sister airline Dragonair carried 1.72 million tons of cargo during 2014, a 12 percent increase over the previous year as the strong second half performance continued into December.
08 Jan 2015
Record December throughput took Shanghai Pudong International Airport Cargo Terminal Ltd. (Pactl) past its annual 2014 target of 1.45 million tons as healthy demand kept air freight flowing through China’s busiest airport.