Cathay wants a cargo hub to call home
Cathay wants to build its own self- handling cargo terminal at Hong Kong International Airport, with as much as 2.5 million tons of capacity by 2009 and 5 million tons by 2018. This would be the world’s largest cargo terminal.
But Hong Kong Air Cargo Terminals is loath to lose the client, which, with Cathay’s subsidiary Dragonair, uses 43 percent of the cargo company’s facilities at the airport now.
Both companies are awaiting a decision by Hong Kong’s airport authority.
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