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View Poll Results: Scale from 1 to 10, 10 being SUPER and 1 being BAD, what would you rate the Airport??
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Old September 13th, 2004, 05:21 PM   #301
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Fly the new Qantas non-stop services to London from just HK$3,490

Qantas Airways will begin the new non-stop services from Hong Kong to London from 3 November 2004, serving three return flights a week. London is a cultural city and at the same time is vibrant and modern. You can find lots of galleries, museums, shops and great landmarks there.

To celebrate the new Hong Kong–London–Hong Kong route, Qantas is offering a special deal for you to visit London from just HK$3,490. Promotion is valid from 14 September to 23 September 2004. Don’t miss the chance, book now!

QF29
Hong Kong to London
Depart - 0120; Arrive - 0715
Frequency : Wed, Fri, Sun

QF30
London to Hong Kong
Depart - 1225; Arrive - 0815+1
Frequency : Wed, Fri, Sun
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Old September 13th, 2004, 05:30 PM   #302
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Old September 13th, 2004, 09:56 PM   #303
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Old September 13th, 2004, 10:08 PM   #304
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HKIA passenger throughput reaches 3.5 M new height



(HONG KONG, 12 September 2004) - Passenger number at Hong Kong International Airport (HKIA) continued on its growth, with another record set in August of 3,509,000 passengers.

Throughput for the month was 16.3 per cent higher than the same month last year. In the last 12 months, 35.5 million people passed through HKIA, almost 30 per cent more than the preceding 12 months.

Cargo throughput also continued on its strong growth in August, at 257,000 tonnes and 17.3 per cent higher than the same month last year. In the past 12 months, 2,963,000 tonnes of cargo moved through HKIA, a 15.5 per cent increase over the previous 12 months.

Exports (loaded cargo) grew by 22.3 per cent from last year to 164,000 tonnes, with demand continuing to grow heavily in Europe, North America and the Mainland.

Stimulated by the strong growth in cargo throughput, aircraft movements for the month rose by 21.5 per cent to 20,560. There were 228,330 movements for the past 12 months, an increase of 22.3 per cent.

Air Traffic Statistics (pdf)
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Old September 14th, 2004, 06:50 AM   #305
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China Travel plans online venture

Lee Yuk-kei, HK Standard
September 14, 2004

China Travel International Investment, the largest Hong Kong-listed travel agency, has struck a deal with TravelSky Technology, which runs the mainland's biggest air reservation system, to set up online travel businesses in Hong Kong.

China Travel said it is preparing an online travel business in which H-share listed TravelSky will provide travel data, information and technology upgrade support.

TravelSky will also provide broader channels for sales of China Travel's products and the strategic co-operation will offer a solid foundation for further co-operation between the two companies, it said.

TravelSky executive director Ding Weiping said the company may have some form of shareholding co-operation with China Travel's online unit but did not offer details.

The agreement will "provide new momentum" for both parties, China Travel said.

Last month it said it plans to spend HK$300 million to set up an online travel unit and may list it on the Nasdaq. Executive director Michael Ng said the company will spend HK$100 million to promote its online business and will resume marketing in Singapore, Europe and the United States where travellers were discouraged by the Sars outbreak.

China Travel, a unit of the state-owned travel service provider, reported a record first-half net profit of HK$500.53 million, reversing a net loss of HK$290.93 million a year ago when its operations were badly hit by the Sars outbreak.

The government's easing of travel restrictions on mainland residents also helped boost demand for travel services.

Shares of China Travel have jumped 12.5 per cent since last Monday as investors expect the air services expansion between China and Hong Kong to boost travelling by lowering air fares.

Ng said the company plans to repurchase its shares and may buy back more when the price is right. China Travel bought back one million shares at HK$1.63-HK$1.64 each.
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Old September 14th, 2004, 07:26 PM   #306
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WestJet, Cathay mull transpacific alliance
By BRENT JANG, TRANSPORTATION REPORTER
UPDATED AT 12:12 PM EDT, Monday, Sep 13, 2004

The Globe and Mail

Cathay Pacific Airways Ltd. is holding talks with WestJet Airlines Ltd. to form a strategic alliance in a bid to raise the Hong Kong carrier's Canadian profile and form a common front against Air Canada.

"We've had some exploratory chats with WestJet," said Philippe Lacamp, the new head of the foreign airline's Canadian operations. "It's going to be important that there is as close a match as possible. It's certainly something that I will continue to explore. I think we're quite a good fit."

Preliminary discussions between Cathay and Calgary-based WestJet began six months ago, and if all goes smoothly, the two sides could be partners in the Canadian market within a year, Mr. Lacamp said.

Mr. Lacamp said in an interview his airline wants to defend its turf against incursions from Air Canada's new international strategy, notably its plan to bolster Asia-Pacific traffic.

Montreal-based Air Canada, which is scheduled to emerge from bankruptcy protection Sept. 30, has indicated in its restructuring plan that it will bank on its Asian flights to help it return to profitability.

"Air Canada's most lucrative area is the transpacific. That's no secret," Mr. Lacamp said.

Using wide-body aircraft, Cathay currently offers two daily non-stop flights to Hong Kong from Vancouver and one daily flight to Hong Kong from Toronto, via Vancouver.

Cathay also offers one daily non-stop flight to New York from Vancouver. And depending on demand, Cathay could add an extra daily flight to Hong Kong from Toronto.

The goal is to make it possible for a passenger booking a flight to Hong Kong from smaller Canadian centres -- such as Calgary, Ottawa, Montreal and Halifax -- to board WestJet and connect to Cathay seamlessly on one booking.

"There are important concentrations of the Asian travelling community throughout Canada," Mr. Lacamp said. Luggage destined for Hong Kong would be transferred by baggage handlers instead of having WestJet customers collect and recheck their bags.

WestJet, in business since 1996, stands to benefit from a partnership with Cathay by attracting more passengers on domestic routes into Vancouver and Toronto.

Cathay recognizes the importance of Canada-Hong Kong relations, and also wants to persuade more Canadian travellers to use Hong Kong as the gateway to China and other Asian centres, Mr. Lacamp said.

Last week, Cathay won the right to gain greater access to China's bustling market. The mainland government has been restricting the carrier to three flights a week to Beijing from Hong Kong.

Cathay, which resumed service to Beijing last December after a 13-year absence, will be able to offer daily flights to the Chinese capital from Hong Kong.

While Air Canada has the advantage of an extensive domestic network that feeds into its Vancouver and Toronto hubs, Cathay is seeking to woo some of that domestic traffic through WestJet.

"If WestJet is putting in a product which is superior to Air Canada, and we already believe our product is superior, hopefully that's an offering that the travelling public is going to enjoy," said Mr. Lacamp, who will meet WestJet chief executive officer Clive Beddoe this fall.

WestJet spokeswoman Siobhan Vinish declined to discuss the Calgary carrier's specific talks with possible partners, but she said WestJet "continues to talk to different airlines on an ongoing basis about opportunities for the future."

A major obstacle to any partnership would be WestJet's "ticketless" reservation system that secures bookings but provides confirmation by fax or e-mail instead of a conventional ticket, she said.

Cathay belongs to the One World Alliance and sees WestJet as a prospective partner because the discount carrier is independent.

Air Canada, by contrast, is a partner in the rival Star Alliance.
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Old September 14th, 2004, 11:01 PM   #307
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Old September 14th, 2004, 11:07 PM   #308
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Mainland airports could stifle HK growth
Dennis Eng, HK Standard
September 14, 2004

The inability of airports in Beijing and Shanghai to handle more take-offs and landings may stifle efforts by Hong Kong's airport to capitalise on a new agreement that was expected to boost passenger traffic between the territory and the mainland by 30 per cent.

According to Merrill Lynch analyst Trina Chen, airports in the two cities are already operating at close to full capacity.

She said a second runway was due to open in 2005 at Shanghai Pudong International Airport. This would help with traffic created by a second Hong Kong airline serving that route from October 2006.

In Beijing, however, airport facilities are not likely to be expanded until the end of 2007, in preparation for the 2008 Olympic Games, she said.

"Before then, capacity will be tight. Dragonair will find it hard to add more flights to Beijing now,'' Chen said. "There is a difference between opening up the market and what is really happening.''

Under an air services agreement inked between Hong Kong and the mainland on September 8, Hong Kong airlines can add four weekly passenger flights to the Chinese capital in October and seven more in March 2005, bringing the total weekly flights to 70.

Seven more weekly flights can be added to the Shanghai route in October and again in March 2005, meaning local airlines will be able to fly 98 flights per week there. At present Cathay Pacific Airways flies to Beijing three times a week but cannot fly to Shanghai until October 2006.

These additional flights would boost passenger traffic at Hong Kong's Chek Lap Kok airport, which soared to a record 3.45 million passengers in July, up 40 per cent year on year, the Airport Authority said. In the 12 months to July, more than 35 million passengers passed through the airport.

On Monday, Airport Authority chairman Victor Fung declined to speculate on what effect the expanded air services agreement would have on the value of the airport's assets.

"The expanded air services rights between Hong Kong and China provide a great opportunity for the industry to grow as more routes are available,'' he said.

Fung added that under the Closer Economic Partnership Arrangement, Hong Kong could invest in mainland airports and its air service personnel could participate in the mainland aviation industry.

The SAR wants to sell shares in the Airport Authority to help cover its budget deficit.
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Old September 15th, 2004, 12:41 AM   #309
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Underground train spanning the two terminal ends
Taken Dec. 2003

It has the smallest platform gap I have ever seen.
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Old September 15th, 2004, 03:57 PM   #310
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Wednesday September 15, 6:28 PM
HK Dragonair Posts Record Passenger, Cargo Numbers In Aug

HONG KONG (Dow Jones)--Hong Kong Dragon Airlines Ltd. said Wednesday it set monthly records for passenger and cargo numbers in August.

The airline said it flew 444,498 passengers in August, 7.7% more than in July. It carried 30,613 metric tons of cargo during the month, up 8.6% compared with July.

Dragonair said it set a daily record on August 15, when it carried 17,220 passengers.

China National Aviation Co. (1110.HK) holds a 43.29% stake in Dragonair. CITIC Pacific Ltd. (0267.HK) has a stake of 29.35%. Cathay Pacific Airways Ltd. (0293.HK) and its parent Swire Pacific Ltd. (0019.HK) also hold shares in the Hong Kong airline.
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Old September 15th, 2004, 05:05 PM   #311
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Old September 15th, 2004, 10:02 PM   #312
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Old September 16th, 2004, 07:30 AM   #313
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By A340-500 from HKADB :

China Airlines is a frequent visitor to Hong Kong, flying between Hong Kong and Taipei / Kaohsiung and also Hong Kong routes to Kuala Lumpur, Bangkok, Jakarta, and Singapore.
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Old September 16th, 2004, 04:11 PM   #314
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Thursday September 16, 2:17 PM
HK Airport Authority in HK$4 bln loan -Basis Point

HONG KONG, Sept 16 (Reuters) - Airport Authority Hong Kong will mandate for a HK$4 billion (US$512.8 million), two-tranche loan, debt market news service Basis Point said on Thursday.

The quasi-sovereign borrower is expected to use the facility to refinance government shareholders' loan in preparation for its privatisation, Basis Point said.

Four banks -- Bank of China Hong Kong, Citigroup, HSBC and Standard Chartered Bank -- will mandate the loan, Basis Point quoted sources as saying.

The revolving credit would be launched to general syndication as early as Thursday, it said.

The all-ins are expected to be 17 basis points for a HK$2 billion, three-year tranche, and 22 basis point for a HK$2 billion, five-year tranche which amortises to give an average life of four years.

The respective margins are 12 basis points and 17 basis points. (US$=HK$7.8)
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Old September 16th, 2004, 04:28 PM   #315
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Old September 16th, 2004, 07:14 PM   #316
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15 September 2004
AUGUST PASSENGER AND CARGO NUMBERS SET NEW HIGHS

Dragonair News Release


(HONG KONG) Passenger and cargo numbers set new highs in August, the second consecutive month that both areas of operation at Dragonair posted record figures.

The airline flew 444,498 passengers in August to record its third consecutive monthly record. The number was 7.7% higher than in July, with travel in both months driven by holiday traffic. August 15 saw a new daily mark set, with 17,220 passengers carried on the day.

"August saw the summer holidays get into full swing and represented the season's peak," said Chief Executive Officer Stanley Hui. "We have been operating our most extensive schedule ever and the excellent numbers reflect that.

"Not surprisingly, the emphasis has been on leisure travel. This has helped boost numbers, but given the more competitive environment yield continues to remain lower than we would like it."

Cargo surpassed the record of 28,195 tonnes set in July by 8.6%, and passed the 30,000-tonne mark for the first time in a month. The 30,613 tonnes carried was 33.2% higher than in the same month last year.

"The first full-month contribution of Frankfurt and London Stansted following the entry into service of our fourth freighter aircraft at end of July has had a positive effect," said Mr. Hui. "The outlook for the cargo market for the remainder of the year remains positive as it is traditionally a strong time for shipments.

He added: "The cloud that continues to hang over our business is the persistently high price of oil."

Statistics with % Change Y/Y
Revenue Passengers Carried : 444,498 +16.5
Cargo Carried (tonnes) : 30,613 +33.2
ATK : 236,639,773 +38.2
ASK : 844,439,936 +28.9
RPK : 583,551,609 +19.6
# flights : 3314 +35.4
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Old September 16th, 2004, 10:12 PM   #317
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Getting to the Airport - Transit

In addition to the Airport Express, airport buses connect the airport with the suburbs. Buses are operated by two companies.


Long Win Bus Co Ltd. is a wholly owned subsidiary company of Kowloon Motor Bus Group and has been granted the franchise to operate bus routes for North Lantau and the airport in Chek Lap Kok.









Routes : http://www.kmb.hk/english.php?page=longwin


Routes : http://www.citybus.com.hk/eng/RouSer.../cityflyer.asp
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Old September 17th, 2004, 06:07 AM   #318
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Sydney, Hong Kong Airports Take $1.6 Billion in Loans in Week

Sept. 17 (Bloomberg) -- Sydney Airports Corp. and Hong Kong Airport Authority led borrowers in Asia this week as they got a combined $1.6 billion in loans to refinance debt at cheaper rates and boost working capital.

Sydney Airports, the owner of Australia's busiest airport, got A$3.16 billion ($2.2 billion) in new financing, about half of which was loans. Hong Kong Airport, which operates Asia's third-busiest airport by passenger volume, hired four banks to arrange a HK$4 billion ($513 million) loan.

Airport operators in Asia are recovering from a slump last year when severe acute respiratory syndrome damped air travel in the region. The improved outlook means some airports are getting cheaper financing as banks compete for lending opportunities.

"We don't see any problem over the horizon for airport operators,'' said Peter Hilton, head of Asia transport research with Credit Suisse First Boston in Hong Kong. ``Travels to the U.S. and Europe are still growing in the region and traffic growth outlook continues to be positive while higher fuel prices should not affect airports.''

Sydney Airports' financing includes A$1.59 billion in bank loans and A$1.57 billion in bonds, it said. The company plans to upgrade Sydney's international and domestic airports, where the number of passenger may increase 4.2 percent annually in the next 20 years, it said on its Web site. The number of passenger planes is forecast to grow 2.4 percent a year in the same period.

Sydney Airports

ABN Amro Holding NV, Allied Irish Banks Plc, Bank of Tokyo- Mitsubishi Ltd., BNP Paribas, Commonwealth Bank of Australia, KfW Group, Royal Bank of Scotland Plc, Societe Generale and Westpac Banking Corp. are providing the loan.

Sydney Airports will pay a interest at 60 basis points more than the Australian bank bill swap rate for an A$450 million five-year portion of the loan and a margin of 70 basis points for an A$550 million seven-year piece. The three-month Australian bank bill swap rate was last at 5.41 percent. A basis point is 0.01 percentage point.

The company paid interest margins of about 100 basis points for parts of an A$2.5 billion loan it got in 2002, said bankers involved in the transaction. Sydney Airports Chief Financial Officer Ruth Martin declined to comment.

"The successful refinancing reflects both the substantial improvement in business performance since privatization of the airport in 2002 and the financial markets' recognition of the resilience of the airport business,'' Sydney Airports Chairman Max Moore-Wilton said in the statement.

Hong Kong Airport

Hong Kong Airport Authority hired Bank of China (Hong Kong) Ltd., Citigroup Inc., HSBC Holdings Plc and Standard Chartered Plc to arrange a HK$2 billion three-year revolving credit and a HK$2 billion five-year term loan that converts into a revolver in the third year, said Raymond Lai, finance director at the state-owned airport operator.

The company may increase the financing to HK$6 billion, depending on demand from banks to lend, Lai said.

Hong Kong Airport Authority will pay a interest at 12 basis points more than the Hong Kong interbank offered rate for the three-year loan and 17 basis points over Hibor for the five- year part, said bankers involved in the transaction. Three- month Hibor was at 0.94 percent. Money in a revolving credit can be borrowed again once it's repaid; in a term loan, it can't.

The arrangers will invite other lenders to join the deal in coming days, offering an all-in yield, which includes interest and fees, of 17 to 22 basis points over Hibor, the bankers said.

The airport handled 3.4 million travelers in July, 40 percent more than a year earlier, the Airport Authority said on its Web site. Cargo volume increased 23 percent to 260,000 metric tons (286,650 U.S. tons) for the month. Airfreight exports rose by a quarter to 159,000 metric tons as demand for Chinese-made goods increased.

In other deals, Export-Import Bank of China hired Citigroup to arrange a $200 million five-year term loan, said Mohsin Nathani, co-head of Asia debt markets for Citigroup.

Export-Import Bank, which provides trade financing, will pay a interest at 35 basis points more than the London interbank offered rate for the loan, Nathani said. Three-month Libor for U.S. dollars was at 1.89 percent.

To contact the reporter for this story:
Patricia Kuo in Hong Kong at [email protected]

To contact the editor responsible for this story:
Joe Maguire at [email protected]

Last Updated: September 16, 2004 17:15 EDT
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Old September 17th, 2004, 04:35 PM   #319
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Old September 17th, 2004, 04:39 PM   #320
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Hong Kong airport hits back at competition with new advance check-in scheme

7 September 2004
Airline Industry Information
English
(c) 2004 M2 Communications, Ltd. All Rights Reserved.


The Hong Kong Airport Authority has said that it has made significant progress in installing advance check-in facilities in some Pearl River Delta cities to help Hong Kong International Airport.

The airport is coming under increased competition from the newly opened Baiyun International Airport, which can handle 25m passengers a year, and other neighbouring airports. The plan is to allow passengers to eventually check-in all luggage before boarding a bonded bus to Hong Kong International Airport without the need for further checks.

A spokespersons for the Airport Authority said that there was no set timescale for the scheme and it would involve issues of customs and border control to be ironed out first, reports The Associated Press.
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