Air Hong Kong link-up awaits franchise nod
Cathay Pacific Airways and DHL Worldwide Express are moving quickly to transform Air Hong Kong into a co-operative venture as they await the go-ahead from the Airport Authority on franchise rights for a new express cargo terminal.
The two companies, which signed a memorandum of understanding in January to jointly operate a mid-range freighter fleet for the intra-Asian trade routes, have already begun securing aircraft, according to sources.
A formal unveiling of the venture was not expected until early autumn, possibly in October.
The venture now hinges on the successful awarding of the new express terminal franchise to DHL, which will then use Chek Lap Kok as its main regional hub.
