Preview

Air Transport Industry in Hong Kong

Better Essays
Open Document
Open Document
2346 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Air Transport Industry in Hong Kong
Air Transport Industry in Hong Kong
Overview
As one of the regional hubs for Asia, Hong Kong is connected with most urban centres in Asia and half of the world's population within 5 hours of flight time. Currently, more than 100 airlines operate about 1,000 flights daily, linking the Hong Kong International Airport (HKIA) to about 180 destinations worldwide including 48 cities on the Chinese mainland.
Handling 56.5 million passengers and 4.03 million tonnes of cargo and in 2012, HKIA was Asia’s third busiest international passenger airport and continued to rank as the world’s busiest airport in terms of international cargo throughput since 2006.
HKIA has been recognised as the world's leading airport – it was named World's Best Airport at the 2012 TTG Travel Awards since 2002, and crowned as the “Best Airport in Asia Pacific” at the GlobeRunner Awards 2012.
As at June 2013, Hong Kong had signed air services agreements with 67 aviation partners (5 of them have not yet come into force).
Industry Data
Hong Kong International Airport
2011
2012
2013*
Air cargo Throughput (‘000 tonnes)
3,938
4,025
1,626
Year-on-year (YoY) growth (%)
-4.6
+2.2
+2.3
No. of passengers handled (million)
53.9
56.5
23.9
YoY growth (%)
+5.9
+4.8
+3.9
Source: Hong Kong International Airport
* January-May
Air transport industry
March 2013
Number of Establishments
145
Employment
24,748
Vacancies
205
Source: Quarterly Report of Employment and Vacancies Statistics, Census and Statistics Department
Business Receipts (HK$ billion)
2010
2011
Hong Kong-based airline and helicopter companies
93.2
106.7
Local representative offices of overseas airline companies
1.1
1.3
Service activities incidental to air transportation
19.1
20.9
Sources: Key Statistics on Business Performance and Operating Characteristics of the Transportation, Storage and Courier Services Sector in 2011, Census and Statistics Department
Range of Services
The air transport

You May Also Find These Documents Helpful

  • Powerful Essays

    Air Asia Analysis

    • 5434 Words
    • 22 Pages

    AirAsia Berhad: The Rise and Rise of Asian Aviation ______________________________________________________________________________ Contents AirAsia Berhad: Sustaining a Competitive Advantage .................................................................. 2 AirAsia: A brief historical perspective ......................................................................................... 2 Company Growth Forecasts ....................................................................................................... 4 Growth of ASEAN Budget Airlines ............................................................................................ 5 Five Forces Analysis of ASEAN Budget Airline Industry .............................................................. 6 AirAsia and the Strategy Paradox ............................................................................................... 8…

    • 5434 Words
    • 22 Pages
    Powerful Essays
  • Better Essays

    This means that Hong Kong is a very international city witch indicates that the market for airplanes is big. The diversified nationalities in the city means that more people transfer because the often have to visit families and friends in their home countries and visa versa.…

    • 1059 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Through government’s suppo rt, the sophisticated Hong Ko ng International Airport allows airlines to provide efficient avi ation services for satisfying th e huge volume of passengers and cargos. Hong Kong International Ai rport Description of the market Dragon air operates in   The traveling service market in Hong Ko ng is matured and the competition is kee n. Since focusing on Asian-regional destina tions, mainly Mainland China, the major competitors of Dragonair’s are Singapor e Airlines, The China Eastern Airlines an d…

    • 1688 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    14 Gug Sastry At Rgi 1

    • 1972 Words
    • 27 Pages

    12/03/2014 Sustainability Initiatives – A case study of RGI Airport, Hyderabad 1 GMR Hyderabad International Airport Ltd. • GMR Hyderabad International Airport Ltd (GHIAL) is a Public Private Partnership (PPP) Enterprise for building and operating Rajiv Gandhi International Airport, Hyderabad. • Total area of land : hectares •…

    • 1972 Words
    • 27 Pages
    Good Essays
  • Powerful Essays

    There are four airlines in Hong Kong which are Cathay Pacific, Dragonair, Hong Kong Airline and Hong Kong Express. Cathay Pacific reveals merger-driven consolidation that Dragonair became a member of Cathay Pacific Group in 2006. On the other hand, HaiNan Airline acquired both Hong Kong Airline and Hong Kong Express. Cathay Pacific, Dragonair, Hong Kong Airline are full-service carriers while Hong Kong Express is the only Low Cost Carrier (LCC) in Hong Kong.…

    • 1308 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Air Asia was established on 12 December 2001 by Mr. Tony Fernandes, the CEO of Air Asia and expanding rapidly since that. Air Asia is the leading low fare airline in Asia and Air Asia succeed to become the award winning, ‘Asia Pacific Airlines of the year 2003’ by Centre for Air Pacific Aviation (CAPA) in 2003. The vision of Air Asia is to serve the 3 billion people who are currently underserved with poor connectivity and high fare and to be the largest low cost airlines in Asia. Their mission is to create a globally recognized ASEAN brand, to attain the lowest cost so that everyone can fly with Air Asia, to be the best company to work for as employees are treated as part of a big family, and to maintain the highest quality product, embracing technology to reduce cost and enhance service levels.…

    • 611 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Wing On Travel more than 400,000 passengers per year, while Hong Kong people love to travel in order to meet the characteristics of a new line of Wing On Travel continue to expand each year more than 2000 tourism product development, covering more than 400 destinations in 50 countries around the world line.…

    • 1836 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    8. CAPA (2012), “Hong Kong Airlines, Asia 's fastest growing carrier, looks to become reckoning force in the region”, 15 November 2012.…

    • 1735 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    For years, HKIA proves to be one of the most successful airports among its competitors. As HKIA says, from 2002 till now, it is regarded as the ‘Best Airport’ at the TTG Travel Awards, which has been voted by those readers from all the corners of the world. It is commended its first-class services and significant efficiency. In spite of the comparatively tiny scales of operation, HKIA is still able to fight with other encountered international airports in its advanced cities. However, the lack of runways and spaces may become one of the barriers to maintain its dominance in the future.…

    • 1056 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Air Asia Annual Report 2007

    • 22238 Words
    • 89 Pages

    25-5, Block H, Jalan PJU 1/37, Dataran Prima, 47301 Petaling Jaya, Selangor Darul Ehsan, Malaysia Tel : (603) 78809318 Fax : (603) 78806318 E-mail : investorrelations@airasia.com Website : www.airasia.com…

    • 22238 Words
    • 89 Pages
    Good Essays
  • Better Essays

    Project Airline

    • 3245 Words
    • 13 Pages

    Our company is called the HO Airline Company and we set ‘HO’ as our IATA code. The business plan of our company is as follows: Network: International and Domestic (both long and short haul) Aircraft Seating: Standard On board Catering: Standard Main Source of Income: Cargo and Passengers Cabin for both long and short haul: First, Business and Economy Location of Headquarter: Hong Kong We put our headquarter at Hong Kong because it has a good geographic location. Moreover, since there is a rapid economic growth in Hong Kong, there is an increasing demand for air traffic. Despite a relatively short history, Hong Kong International Airport has won the Skytrax World’s Best Airport Awards for several times already. This showed that the Hong Kong International Airport is an airport of high quality. All these create a very favorable condition for the running of our operation. After summiting the business plan, we have generated an investment capital of $71,754,540.00.…

    • 3245 Words
    • 13 Pages
    Better Essays
  • Good Essays

    Assignment1

    • 436 Words
    • 2 Pages

    Hong Kong International Airport (HKIA) was built to replace the older Kai Tak Airport, situated in the center of urban Hong Kong. Population congestion dictated that the majority of the new airport would come from a sea reclamation project. The project was massive in scope, involving the creation of the world’s largest indoor covered area (for the terminals), the longest suspension bridge, and a high speed rail system, and so on. Original financing for the project was set at US$6.4 billion, and the cost of the additional project elements added another US$2.5 billion to overall cost. When completed, the airport was slated to accommodate over 87 million passengers and 9 million tons of cargo each year. The opening of the new airport in 1998, after one year delay in completion and an actual cost of around US$20 billion, faced many technical problems; for example, the baggage handling equipment was not ready. The first two weeks of the new airport’s operation were nightmarish, as aircrafts experienced huge delays, planes took off with the wrong luggage or none at all, baggage was lost, and flight information systems did not work. It was difficult to determine which of the multiple subcontractors for the project were responsible for each miscue or technical problem, because the project’s organization chart was complex, with multiple responsibility paths. It was also discovered that the Airport Management Division, responsible for organizing these systems, did not have any contingency plans and had done no risk management whatsoever. No real integration existed between different subsystems within the airport’s management and inadequate training of personnel. Following a lengthy problem…

    • 436 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Air Transport essay

    • 522 Words
    • 3 Pages

    The aviation sector - carries over 32 million passengers and 313,000 tonnes of air freight to, from and within Egypt. More than 81,000 scheduled international flights depart Egypt annually, destined for 119 airports in 55 countries. Domestically, more than 34,500 flights make over 3.4 million seats available to passengers, destined to 12 airports…

    • 522 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    It can be concluded that London Heathrow Airport remains one of the busiest airports in the world, which is a significant business opportunity for this company.…

    • 1403 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    The main carrier of this city is the China Eastern Airlines, Shanghai Airlines, and Air China. It has flights connecting with two hundred cities whether it is a domestic, regional or the international ones. There are direct flights connecting to international airports such as in Los Angeles, New York, San Francisco, Seattle, Brussels, Madrid, Paris, London, Moscow, Rome, Singapore, Fukuoka, Osaka, Tokyo, Bangkok and it also has a regional connections in Hong Kong and Macau. And domestic flights in the city of Xian, Xiamen, Beijing, Guangzhou, Shenzhen, Hangzhou, Chengdu, Shenyang, Chongqing, and others.…

    • 813 Words
    • 4 Pages
    Good Essays

Related Topics