An ongoing shortage of capacity on the main trade lanes out of Asia and growing signs of declining demand are clouding the air cargo outlook for the remainder of the year.
Hong Kong International Airport
Hong Kong International Airport
10 Sep 2019
Shippers worry “unreasonable” air freight fees, tighter cargo screening regulations, and the region’s dependence on transshipment could cause Hong Kong to cede more cargo to air and sea ports in southern China.
25 May 2017
The strong growth in air cargo volumes out of Asia has continued through April, driven by international demand.
16 Nov 2016
Cargo volumes have been robust out of Asia in the last two months, with carriers and airports reporting decent increases.
14 Mar 2016
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.
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.
24 Feb 2014
Asia’s leading air freight hubs have gotten off to an encouraging start to the year, posting healthy growth rates across the board in January.
18 Feb 2014
Cathay Pacific Airways saw further declines in air cargo throughput in January despite the shift in timing of Chinese New Year, which started Jan 31 this year, compared with Feb. 10 in 2013 and was expected to prompt a major rush of expedited deliveries in mid-January.
27 Aug 2013
International air cargo rates remained depressed in July as the bearish demand apparent for much of the year continued to dominate markets.
21 Aug 2013
Cargo throughput at Hong Kong International Airport reached 341,000 metric tons in July, up 1.9 percent year-over-year.
08 Jul 2013
Fears are growing that Asia’s biggest international cargo airport could be subject to major congestion starting July 15 when new security regulations are introduced.
26 Jun 2013
Air cargo operators in Asia are now finally seeing a few shafts of light after more than a year of gloom.
21 May 2013
Cargo throughput at Hong Kong International Airport reached 342,000 metric tons in April, up 4.5 percent year-over-year.
21 Feb 2013
Cathay Pacific Services today began the first stage of operations at the new Cathay Pacific Cargo Terminal at Hong Kong International Airport.
19 Feb 2013
Hong Kong International Airport saw cargo volumes surge in January but the true state of air freight demand ex Asia will
18 Jan 2013
Asia Airfreight Terminal, an air cargo terminal based at the Hong Kong International Airport, reported its tonnage throughput in December 2012 was 68,252 metric tons, increasing 11 percent compared with the same period last year.
15 Jan 2013
Hong Kong Air Cargo Terminals, which handles cargo at Hong Kong International Airport, reported traffic in the fourth quarter of 2012 was 754,226 metric tons, rising 6.2 percent from the fourth quarter of 2011.
10 Jan 2013
Cathay Pacific Services, a subsidiary of Cathay Pacific Airways that operates the new Cathay Pacific Cargo Terminal at Hong Kong International Airport, will open the new terminal on Feb. 21.
19 Dec 2012
Hong Kong Air Cargo Terminals, which handles cargo at Hong Kong International Airport, has been fully meeting the new Transportation Security Administration requirement that became mandatory on Dec. 12.
17 Dec 2012
Asia Airfreight Terminal, an air cargo terminal based at the Hong Kong International Airport, reported that tonnage throughput in November was 69,150 metric tons...