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Cathay Pacific Services Ltd awarded new cargo terminal franchise in Hong Kong

Hong Kong, China - A new terminal dedicated will open the second quarter in 2011 and develop on an area of 10 hectares

"Cathay Pacific welcomed the announcement made by the Airport Authority of Hong Kong (“AAHK”) to award the airline’s wholly owned subsidiary, Cathay Pacific Services Ltd (“CPSL”), a franchise to invest in, design, construct and operate a new air cargo terminal at Hong Kong International Airport (“HKIA”). A 20-year franchise agreement was signed between CPSL and AAHK on 18 March 2008 for a common...

fra/pec - 1087476

AVIONEWS - World Aeronautical Press Agency
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