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Cathay Pacific Drives Hong Kong Cargo Hub Competitiveness with Terminal Charge Concession

Cathay Pacific Drives Hong Kong Cargo Hub Competitiveness with Terminal Charge Concession

New initiative helps sustain competitiveness of HKIA and support the industry’s cost and operating efficiency

The Cathay Pacific Group is boosting the competitiveness of Hong Kong International Airport as a global cargo hub by introducing a new Terminal Charge concession, effective from 1 April 2020.

Customers of export shipments from Hong Kong on the group’s four airlines – Cathay Pacific, Cathay Dragon, AHK Air Hong Kong and HK Express – will enjoy a saving HK$0.3 per kilogramme for both general cargo and special cargo. The reduction ranges from 18% to more than 20% compared with the current charge levels. The concession will be partially contributed by the Airport Authority of Hong Kong (AAHK).

Cathay Pacific Chief Customer and Commercial Officer Ronald Lam said: “We are driving the Terminal Charge concession to reinforce the competitiveness of Hong Kong International Airport. Cathay Pacific has been Hong Kong’s home airline for more than seven decades and we are immensely proud of the efforts and achievements we’ve made in helping it become the largest and most efficient multi-modal integrated logistics and aviation hub in Asia and the world.

“We take it upon ourselves as the home carriers to ensure that our hub continues to grow with increasing volume. By offering great service, world-class niche solutions, attractive value and unrivalled connectivity across the globe, we continue to give our passenger and cargo customers more reasons to choose Cathay Pacific and Hong Kong.”

Moving forward, the concession also helps cargo customers to mitigate the cost impact of new International Civil Aviation Organisation (ICAO) security regulations that will begin rolling out progressively from the start of next year.

The Cathay Pacific Group comprises premium global airline Cathay Pacific, regional full-service airline Cathay Dragon, low-cost carrier HK Express and all-cargo carrier AHK Air Hong Kong. The Group currently offers passenger and cargo services to more than 200 destinations around the world using a fleet of modern aircraft.