Atlas Air suffers third aircraft incident this month, closing Hong Kong runway
Atlas Air has suffered its third aircraft ‘incident’ this month, causing Hong Kong International Airport ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
A nice article on Hactl, Hong Kong’s air cargo terminal and handler, which suffered the indignity of losing its biggest customer, Cathay Pacific. Hactl is still the largest handler at the busiest freight airport, but its top spot is becoming vulnerable as Shanghai continues to grow. Concerns for the handler include costs rising as Hong Kong builds its third runway. But it also notes opportunities with the growth of the global e-commerce sector – an area Hong Kong forwarder Kerry Logistics is also eyeing.
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