Impact Publications : AirCargo -252
AirCArgo AsiA-PACifiC • DEC 2017- JANUARY 2018 • Page 21 DHL wins 15-year Air Hong Kong deal DHL Express has extended its partnership with Air Hong Kong via a new 15-year block-space agreement. As part of the new arrange- ments, DHL will sell its 40 per cent stake in Air Hong Kong to majority-owner Cathay Pacific, and purchase eight of Air Hong Kong’s A300-600F cargo planes, which will then be leased back to the carrier. The new arrangement will pro- vide a stable revenue stream for Air Hong Kong and a predictable cost base for DHL. The new agreement takes effect on 01 January 2019 and replaces Air Hong Kong’s current agree- ment with DHL. The new deal initially will pro- vide DHL with the same service and access to Air Hong Kong’s capacity as per the current agreement, but allow for greater growth and flexibility in aircraft deployment and route selection. “Asia is expected to experience exponential trade growth and our renewed block space agreement will support strong market de- mand,” said Ken Allen, ceo DHL Express. Ken Lee, ceo DHL Express Asia Pacific said: “With Hong Kong’s exports between January and September 2017 growing by 8.5 per cent compared to last year, we’re keenly aware of the upward momentum that the region’s trade lanes are facing. Our renewed partnership with Air Hong Kong, combined with the new lease-back deal governing its fleet, gives us greater flexibility to add new routes and optimise our aircraft utilisation in the face of unpredict- able changes or sudden increases in demand.” DHL Express recently an- nounced expansion of its Central Asia Hub in Hong Kong, a dedicat- ed and purpose-built air express cargo facility at the Hong Kong International Airport, which ser- vices over 800 flights daily. The expansion will add an additional 8,000sqm of space as well as new technologies including automated X-ray inspection machines and material handling systems. The Central Asia Hub has seen shipping volumes grow 12 per cent year-on-year for the past decade and it already handles more than 40 per cent of all DHL shipments in Asia Pacific. When operating at full capacity, the an- nual throughput of the expanded hub is expected to go up by 50 per cent to 1.06 million tonnes per annum. The expanded CAH will handle six times more in terms of shipment volume than when it was first established in 2004. Ken Allen (left) and Rupert Hogg. ICAO, IATA agree lithium battery segregation plan THE International Civil Aviation Organization (ICAO) is back- ing International Air Transport Association (IATA) proposals to segregate airfreight shipments of lithium batteries and those containing class-one dangerous goods in ULDs and cargo com- partments from early next year.