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Air cargo, passenger throughput growth in February

The Lunar New Year holidays in February saw passenger throughput at the Hong Kong International Airport rise 7.3% over February 2007, reaching 3.9 million passengers. While the Lunar New Year is usually a quiet period for cargo, total throughput increased 5.1% from February 2007, to 247,000 tonnes. This was mainly attributable to growth in transshipments and imports. Air traffic movements rose 6.7%, to 23,760. For the 12 months ended 29 February 2008, HKIA handled 48.5 million passengers and 3.8 million tonnes of cargo, year-on-year increases of 8.3% and 5.2%, respectively. Air traffic movements rose 5.6%, to 298,205.

The Board of Airport Authority Hong Kong (AAHK) announced on 18 March that Cathay Pacific Services Limited, a wholly owned subsidiary of Cathay Pacific Airways Limited, has been ?awarded a non-exclusive, 20-year franchise to design, construct and operate a new cargo terminal at HKIA. “The new cargo terminal will reinforce the competitiveness of HKIA as a regional and international air cargo hub. It will provide additional choices for airlines, shippers and freight forwarders. And it will bring substantial economic benefits, in the form of new jobs and business opportunities, to Hong Kong,” AAHK CEO Stanley Hui said.

Scheduled to open in the second half of 2011, the new terminal will have an annual capacity of about 2.6 million tonnes and increase the airport’s total general and express cargo handling capacity to 7.4 million tonnes per annum. The new facility will be located on a 10-hectare site in the cargo terminal area.