Authorities support Hong Kong's cargo hub status
To reinforce Hong Kong International Airport (HKIA)’s competitiveness and its global status as one of the largest air cargo hubs (2018: 5.1 million t), the Airport Authority Hong Kong (AA) supports carriers to introduce the terminal charge (TC) concession scheme with effect from 1 April 2020.
Under the scheme, AA will contribute 20% of the 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.
AA executive director, commercial, Cissy Chan: "Over the years, we have been working closely with airlines and business partners to enhance air cargo facilities and services. The new initiative will help maintain the cost efficiency of the industry and strengthen our cargo volume growth." (ah)