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The authority was formed on 1 December 1995 (initially as the Provisional Airport Authority in 1990) through Airport Authority Ordinance [2] and is independent of the government financially. There are plans to corporatise the AA and to list it on the Hong Kong Stock Exchange and to partially sell it to the public.
Hong Kong is 5 hours away from half the world's population, so in order to meet future demand until 2030 and beyond, the Airport Authority Hong Kong ("AAHK") proposed the expansion of HKIA into a three-runway system ("3RS") to support the two currently operated runways, through the introduction of Master Plan 2030 ("MP 2030") in 2011.
An airport authority is an entity ... who are appointed to lead the authority by a government official. [1] In Canada, airport ... Airport Authority Hong Kong:
The airport is operated by Airport Authority Hong Kong (AAHK), a statutory body of the Hong Kong government established on 1 December 1995. [6] It runs 24 hours a day and is the primary hub for Cathay Pacific , Greater Bay Airlines , Hong Kong Airlines , HK Express , and Air Hong Kong (cargo carrier).
The CAD was also responsible for managing the former Hong Kong International Airport at Kai Tak, until it was retired and replaced by the new Hong Kong International Airport managed by the Airport Authority. During British rule, CAD was not a sub-unit of the British Civil Aviation Authority.
Hong Kong Airport Services Limited [1] (HAS by Cathay) was founded in 1995 and began operations in July 1998 with the opening of Hong Kong International Airport. It employs approximately 3,100 people and owns 3,000 ground-support equipment and vehicles.