HK top of the air cargo world
Hong Kong has for the first time become the world's busiest centre for international air cargo, surpassing Japan's Narita Airport for the top spot in the 1996 year.
The territory's new-found leadership in the area looks set to carry on during this year, with air cargo throughput understood to be up 18 per cent in the three months to March 31.
The opening of the new airport at Chek Lap Kok in 1998 will provide a further boost.
For the past few years, Kai Tak airport has been the bridesmaid as Narita, the main airport servicing Tokyo, dominated the cross-border air cargo market.
However, Kai Tak has been steadily expanding its cargo, despite concerns Hong Kong would be unable to properly increase its cargo volume until the move to the new airport. Figures released to Business Post prepared by the Airports Council International show that Hong Kong's air cargo imports and exports grew by about 7 per cent in 1996 to 1,563,492 tonnes.
Kai Tak's supposed air cargo capacity is 1.5 million tonnes.
The result left it just over 1,000 tonnes clear of Narita, which saw cargo throughput fall by 2.7 per cent during 1996.