HK International Airport Named Cargo Airport of 2003

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Last updated at: (Beijing Time) Friday, May 16, 2003

HK International Airport Named Cargo Airport of 2003

Hong Kong International Airport (HKIA) has been named Cargo Airport of the Year -- 2003 by the trade publication Air Cargo News, the second consecutive year for HKIA to have received this award.

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Hong Kong International Airport (HKIA) has been named Cargo Airport of the Year -- 2003 by the trade publication Air Cargo News, the second consecutive year for HKIA to have received this award.

Speaking at Thursday's groundbreaking ceremony for the Express Cargo Terminal, Airport Authority Chief Executive Officer David J Pang said "I am delighted to have this further recognition of our services to air cargo customers. It is a great honor to be chosen once more against strong competition from around the world."

According to the judging panel of Air Cargo News, HKIA was selected for its quality customer services, flexible slot times, consistent investment in new facilities and infrastructures, innovation in applying technology, and liberal approach to trafficrights.

"The award is a reflection of our continuous innovation and improvement in terms of cargo handling. It is good to be able to announce the award today when we are marking the groundbreaking for yet another new cargo facility at HKIA, the Express Cargo Terminal which is being developed by DHL Worldwide Express," he said.

The Express Cargo Terminal will be operated under franchise by DHL for a period of 15 years with a start scheduled for 2004. The HKIA's first dedicated Express Cargo Terminal will occupy an area of 18,200 square meters and will be able to handle approximately 440 tons of cargo a day.

There are two main cargo terminal operators at HKIA, Hong Kong Air Cargo Terminals Ltd (Hactl) and Asia Airfreight Terminal Ltd (AAT). They provide a combined annual capacity of 3 million tons.

Hactl's SuperTerminal 1 is the world's largest standalone cargohandling facility, accounting for some 80 percent of cargo throughput at HKIA. HKIA has been the world's busiest airport for international air cargo since 1996. Though air cargo represents only one percent of Hong Kong's total cargo throughput, it accounts for 27 percent of total trade value.

The new Express Cargo Terminal will increase the capacity of the airport to handle express cargo which is the fastest growing sector of the overall air cargo business. Express cargo is expected to grow at about 13 percent a year for the next 20 years.

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