Marine Ecology Enhancement Fund and Fisheries Enhancement Fund support twelve projects with over HK$13 million
To strengthen Hong Kong International Airport’s Global Air Cargo Hub Status
HONG KONG, CHINA, 2019-Dec-12 — /Travel PR News/ — To reinforce Hong Kong International Airport (HKIA)’s competitiveness and its global status as the leading air cargo hub, Airport Authority Hong Kong (AA) will support airlines to introduce the Terminal Charge Concession Scheme (the Scheme) with effect from 1 April 2020.
Under the Scheme, AA will contribute 20% of the Terminal Charge (TC) concession amount offered by an airline to freight forwarders for export cargo, subject to agreement between the AA and the individual airline. The concession will also benefit shippers according to their commercial agreements with freight forwarders.
Cissy Chan, Executive Director, Commercial of the AA, said, “Over the years, the AA has been working closely with airlines and business partners to enhance air cargo facilities and services, making HKIA the leading global air cargo hub. The new initiative will help maintain the cost efficiency of the industry and strengthen our cargo volume growth, ultimately reinforcing HKIA’s competitiveness.”
Cathay Pacific (CX) is the first airline group approaching the AA for support on its TC concession to its freight forwarders for export cargo. Other airlines are welcome to join the Scheme to offer their TC concession on a voluntary basis.
The TC concession will also mitigate the cost impact from the gradual increase in air cargo screening requirement starting early next year in preparation for the implementation of the International Civil Aviation Organisation (ICAO)’s new security regulation. The AA will closely observe the market situation and review the Scheme in a year’s time.
HKIA has been the world’s busiest airport in terms of air cargo volume for nine consecutive years. In 2018, the total cargo volume handled at HKIA reached 5.1 million tonnes.
Contact:
Media Enquiry Hotline: +852 2188 7152
Contact Email: media@hkairport.com
Airport Authority Website: www.hongkongairport.com
Customer Enquiry Hotline: +852 2181 8888
Source: HKIA
(IN SHORT) Naples Beach Club, A Four Seasons Resort, has opened The Sanctuary, a 30,000-square-foot…
(IN SHORT) Airport Authority Hong Kong has signed an agreement with Eythos to operate the…
(IN SHORT) Lufthansa is introducing a new partnership with BABOR as part of its Future…
(IN SHORT) Visit Maldives Corporation has confirmed that Arabian Travel Market 2026 has been postponed…
(IN SHORT) NH Collection Maldives Reethi Resort, in partnership with Planteray Rum, has successfully completed…
(IN SHORT) NH Collection Hotels & Resorts has opened NH Collection Palacio de Córdoba, a…