Last year’s total of nearly 2.78 million tons fell 4.2-percent short of the company’s 2010 all-time high, which was fueled by a post-recession bounce.
The new services of Air Astana, Globus Airlines, SF Airlines, Vladivostok Air and Uni-top Airlines, all which signed up for handling services in the fourth quarter, helped push the last quarter of the year to a traffic increase of 6.2 percent when compared to the same period in 2011. The fourth-quarter total of 754,226 tons is the best mark since the beginning of 2011.
“2012 ended stronger than we expected. Despite the continuing uncertainty in Europe and the U.S., our figures have maintained a modest and steady recovery that hopefully will become a sustainable trend,” Hactl’s Lilian Chan said in a statement.
A change is coming to Hong Kong International Airport this year, though, and the new development could significantly impact Hactl’s numbers. One of it’s largest customers, Cathay Pacific Airways, is opening up its own terminal and will no longer need Hactl’s services. In November, Cathay and its subsidiary carried a total of 140,824 tons of cargo and mail.
“2013 will be challenging for us, as Cathay Pacific Airways migrates to self-handling and we relinquish their business in phases throughout the year,” she said. “We are well-prepared, and our 100 other airline customers have been growing as a proportion of our total business, which will cushion the overall impact.” – Jon Ross
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now