Airport Authority Hong Kong
Encyclopedia
The Airport Authority Hong Kong (abbreviated as AA or AAHK) is the statutory body of the government of Hong Kong
that is responsible for the operations of the Hong Kong International Airport
.
and to partially sell it to the public.
A convention and exhibition facility, the AsiaWorld-Expo
, on the northeastern corner of the island of Chek Lap Kok
was opened in 21 December 2005.
On 17 January 2005, the AA acquired 49% stake of Hangzhou Xiaoshan International Airport
, with HK$ 1.99 billion, compared to bids by Singapore Changi Airport
, Copenhagen Airport
, Houston International Airport
and BAA plc
. A new holding company
of Xiaoshan Airport will be formed and be listed on the Hong Kong Stock Exchange
.
On 17 February 2006, the AA confirmed it will hold 55% stake in a company that operates the Zhuhai Airport, with the remaining 45% owned by Zhuhai Airport. The company will not own the assets or the liabilities of the airport.
received numerous awards.
Full list of awards are available on Hong Kong International Airport's website.
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
that is responsible for the operations of the Hong Kong International Airport
Hong Kong International Airport
Hong Kong International Airport is the main airport in Hong Kong. It is colloquially known as Chek Lap Kok Airport , being built on the island of Chek Lap Kok by land reclamation, and also to distinguish it from its predecessor, the closed Kai Tak Airport.The airport opened for commercial...
.
History
The authority was formed in 1995 (initially as the Provisional Airport Authority) and is independent of the government financially. There are plans to corporatise the AA and to list it on the Hong Kong Stock ExchangeHong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
and to partially sell it to the public.
A convention and exhibition facility, the AsiaWorld-Expo
AsiaWorld-Expo
The AsiaWorld-Expo is one of the two major convention and exhibition facilities in Hong Kong along with Hong Kong Convention and Exhibition Centre. It was opened on 21 December 2005 by Donald Tsang, Chief Executive of Hong Kong, and it is operated by AsiaWorld-Expo Management Limited...
, on the northeastern corner of the island of Chek Lap Kok
Chek Lap Kok
Chek Lap Kok was an island in the western waters of Hong Kong. Together with the smaller Lam Chau, it was leveled and merged via land reclamation into the platform for the current Hong Kong International Airport, which opened for commercial operations in 1998...
was opened in 21 December 2005.
On 17 January 2005, the AA acquired 49% stake of Hangzhou Xiaoshan International Airport
Hangzhou Xiaoshan International Airport
Hangzhou Xiaoshan International Airport is the principal airport serving Hangzhou, a major city in the Yangtze River Delta region and the capital of Zhejiang Province, China....
, with HK$ 1.99 billion, compared to bids by Singapore Changi Airport
Singapore Changi Airport
Singapore Changi Airport , Changi International Airport, or simply Changi Airport, is the main airport in Singapore. A major aviation hub in Southeast Asia, it is about north-east from the commercial centre in Changi, on a site....
, Copenhagen Airport
Copenhagen Airport
Copenhagen Airport is the main international airport serving Copenhagen, Denmark and the Oresund Region. It is located on the island of Amager, south of Copenhagen city centre, and west of Malmö city centre on the other side of the Oresund Bridge. The airport lies mainly in the municipality...
, Houston International Airport
George Bush Intercontinental Airport
George Bush Intercontinental Airport, is a Class B international airport in Houston, Texas, serving the Houston–Sugar Land–Baytown metropolitan area, the sixth-largest metropolitan area in the United States. Located north of Downtown Houston between Interstate 45 and U.S. Highway 59...
and BAA plc
BAA plc
BAA Ltd. is the Spanish-owned operator of six British airports and Naples Airport in Italy, making the company one of the largest transport companies in the world. BAA stems from British Airports Authority and is owned by a consortium led by Grupo Ferrovial, a Spanish firm specialising in...
. A new holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
of Xiaoshan Airport will be formed and be listed on the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
.
On 17 February 2006, the AA confirmed it will hold 55% stake in a company that operates the Zhuhai Airport, with the remaining 45% owned by Zhuhai Airport. The company will not own the assets or the liabilities of the airport.
Achievements
Under the administration of AAHK, Hong Kong International AirportHong Kong International Airport
Hong Kong International Airport is the main airport in Hong Kong. It is colloquially known as Chek Lap Kok Airport , being built on the island of Chek Lap Kok by land reclamation, and also to distinguish it from its predecessor, the closed Kai Tak Airport.The airport opened for commercial...
received numerous awards.
- Airport of the Year - SkytraxSkytraxSkytrax is a United Kingdom-based consultancy, the public face of Inflight Research Services, which has the largest airline and airport review and ranking site. It conducts research for commercial airlines...
(2001 to 2005; 2007-2008) - Journalists' Choice Award - OAG Worldwide (January 1999)
- One of the Best Airports - Condé Nast TravelerCondé Nast TravelerCondé Nast Traveler is a US magazine published by Condé Nast. It has its origins in a mailing sent out by the Diners Club club beginning in 1953, listing locations that would take the card. It began taking advertising in 1955. In order to attract more advertisers, it became a full-fledged magazine,...
(October 1999 issue) - Asia's Best Airport - AsiaweekAsiaweekAsiaweek, the English edition, was a news magazine focusing on Asia, published weekly by Asiaweek Limited, a subsidiary of Time Inc. Based in Hong Kong, it was established in 1975, and ceased publication with its December 7, 2001 issue due to a "downturn in the advertising market," according to...
(2000) - Asia's Best Airport - World Travel Awards (2000)
- Cargo Airport of the Year; Cargo Airport of the Year – Far East - Air Cargo News (2002-2003)
- Air Cargo Award of Excellence - Air Cargo World (2007-2010)
- World's Best Airport - Travel Trade Gazette (2003-2006)
- Eagle Award - IATA (2002)
- Special IATA Fuel Award - IATA (2004)
Full list of awards are available on Hong Kong International Airport's website.