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  • November 27, 2014
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  1. Case of tail wagging the dog in airport privatisation talks

    Posted Mar 04th 2005, 12:00am by Joseph Lo

    ... Joseph Lo Negotiators from the airlines and the Airport Authority are set to knock heads again over the issue of the authority's proposed privatisation. This will mark the second ... on the fundamental issues than they were in December when they started. What are these issues? It really boils down to the question of whether the airport should balance its books on a single-till accounting ...

  2. Airport share plan 'will not raise fares'

    Posted Feb 19th 2004, 12:00am by Annette Chiu, Joseph Lo

    ... The impending privatisation of the Airport Authority will not lead to higher ticket prices, government sources say. The government is pushing ahead with plans to recoup its $37 billion investment in the airport by allowing the Airport Authority to privatise. On Tuesday, it announced plans to sell $6 billion of its stake to the authority over the next year. But some airline ...

  3. Plan to privatise airport needs thought

    Posted Aug 19th 2003, 12:00am by Joseph Lo

    ... THE GOVERNMENT IS certainly taking a lot of criticism these days for its proposal to privatise the Airport Authority. Yesterday, this newspaper published an op-ed piece by Tony Latter, a former deputy chief executive of the Hong Kong Monetary Authority, which argued the airport privatisation plan was little more than a thinly disguised cash grab by a government unsure of how else ...

  4. Hangzhou airport deal fixed

    Posted Apr 16th 2005, 12:00am by Joseph Lo

    ... Joseph Lo The Airport Authority has finalised a 1.99 billion yuan deal to jointly run Hangzhou Xiaoshan International Airport, marking the agency's first big investment outside Chek Lap Kok. The authority, which hopes to sell shares on the stock market this year in a partial privatisation, yesterday said that it would buy a 35 per cent interest in Xiaoshan Airport ...

  5. Airport Authority close to mainland agreement

    Posted Jan 13th 2005, 12:00am by Joseph Lo

    ... Joseph Lo An agreement set to be signed tomorrow could pave the way for a big Hong Kong investment in a key airport near Shanghai. According to industry sources, the Airport Authority and Hangzhou Xiaoshan International Airport have been discussing a possible partnership for several months, including management exchanges and a direct investment in Xiaoshan by the authority. Reports ...

  6. Airport Authority signs deal to acquire stake in Xiaoshan

    Posted Jan 18th 2005, 12:00am by Joseph Lo

    ... Joseph Lo The Airport Authority has signed a letter of intent with Hangzhou Xiaoshan International Airport in Zhejiang province, paving the way for its first major investment outside Hong Kong. Xiaoshan airport, a modern facility built in 2000 about 180km southwest of Shanghai, serves as an important alternative gateway to the rapidly industrialising Yangtze River delta. ...

  7. Airport sell-off arouses Link Reit fears

    Posted Feb 01st 2005, 12:00am by Joseph Lo

    ... Joseph Lo Consultation extended by three months as government allows for further queries on privatisation The public consultation on the Airport Authority's privatisation plans has ... Secretary for Economic Development and Labour Stephen Ip Shu-kwan told legislators the main concern raised so far was that airport charges for airlines would be raised after the privatisation. ...

  8. Xiaoshan stake boost for Airport Authority

    Posted Jan 15th 2005, 12:00am by Annette Chiu, Joseph Lo

    ... Annette Chiu and Joseph Lo The decision to invest in Hangzhou's Xiaoshan International Airport should enhance Airport Authority Hong Kong's (AA) financial attractiveness in the run-up to its proposed privatisation. A senior Zhejiang official told reporters in Hong Kong yesterday that a commitment by the AA to buy more than 30 per cent of the mainland airport would ...

  9. Airport privatisation harder to sell after Link listing cancellation

    Posted Dec 24th 2004, 12:00am by Joseph Lo

    ... likely to affect the plan to at least partially privatise the Airport Authority in 2006. Policymakers are likely to tread on eggshells when seeking public support for a sale that, while of direct ... centre. Adoption of a certain and transparent charging mechanism at the privatised airport is vital if stakeholders such as airlines and the broader array of logistics providers are to maintain ...

  10. Reit fiasco clouds airport privatisation

    Posted Dec 20th 2004, 12:00am by Joseph Lo

    ... commercial retail outlets and 79,000 parking spaces has not dissuaded the government from privatising one of its crown jewels- Hong Kong International Airport. 'We will watch [the Link ... to privatisation.' A public consultation on the Airport Authority's proposed privatisation was initiated last month and is due to continue until mid-February. But what was a benign political environment ...




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