International

Groupe ADP and Airport Authority of Hong-Kong to set up a cooperation agreement on airport management, aviation development and cargo

Groupe ADP and Airport Authority of Hong-Kong (AAHK) signed two memorandum of understanding (MOU), at the Paris Air Forum, on strengthening cooperation between Paris-Charles de Gaulle Airport (CDG) and Hong-Kong International Airport (HKIA).
The agreements will cover airport management, aviation development and Cargo development. Since the beginning of 2018, an average of 40 flights fly between the two airports every week. In 2017, these flights carried 481,819 passengers and 39,700 tonnes of cargo.


The two MOUs (on airport management and aviation development on one side and on Cargo development on another side) were signed by Augustin de Romanet, Chairman & CEO of Groupe ADP and by Fred Lam, CEO of AAHK.

Regarding airport management and aviation development, the two parties agree to:
- cooperate to improve performance in efficiency, safety, security, quality and environmental protection, and enhance network connectivity to strengthen their respective hub positions;
- share experiences and best practices to further support talent development.

Hong-Kong International Airport is one of the busiest airports in Asia, handling around 73 million passengers in 2017 with a global network covering over 220 destinations worldwide. Paris-Charles de Gaulle Paris Airport, is the second busiest airport in Europe handling 69.5 million passengers in 2017 to serve 325 cities.

Regarding Cargo development, the cooperation aims to strengthen the cooperation between HKIA and CDG, as well as between Asia and Europe. It targets to:
- promote and facilitate the transport of fast-growing cargo segments such as e-commerce, temperature-controlled goods as well as luxury products;
- share experience and best practices to enhance safety, security, reliability and efficiency of air cargo development. The two airports have moreover attained IATA CEIV Pharma certification, a global standard on competency and preparedness in handling pharmaceuticals.

Hong-Kong International Airport has been ranked as the world's busiest airport for international air cargo since 1996. In 2017, HKIA handled over 5 million tonnes of freight and airmail becoming the first airport in the world to reach this milestone. By its side, Paris-Charles de Gaulle is the European busiest airport for cargo handling 2.2 million tonnes of freight and airmail in 2017.

According to Augustin de Romanet, Chairman and CEO of Groupe ADP: "Groupe ADP is proud to announce today a global partnership between Paris-Charles de Gaulle Airport and Hong-Kong International Airport: two of the most prominent airports in Europe and in Asia. By sharing their experiences and best practices, we will definitely increase, for the benefit of our passengers, our performances in terms of quality of service, productivity, safety, security and environment protection. We are also very proud to partner with HKIA to the development of the aviation industry talents and to explore news opportunity in Mainland China. On Cargo, each airport will benefit for best practices and from developments of high value activities such as luxury products and e-commerce".

And Fred Lam, Chief Executive Officer of Hong Kong to said: "We are delighted to strengthen our connection with Paris Charles de Gaulle Airport, which is a key European hub and one of the world’s busiest airports. Through this collaboration, we hope to construct a mutually beneficial partnership that will help both parties continuously enhance airport operations and development in various areas. I believe that by sharing experiences and working together hand in hand, we can offer even better airport experiences and services to our respective passengers and the logistics sectors, as well as elevate the competitiveness of our airports ".

About GROUPE ADP

Press contact: Lola Bourget, Head of Media and Reputation Department +33 1 74 25 23 23

Investor Relations: Audrey Arnoux, Head of Investor Relations +31 74 25 70 64 - invest@adp.fr

Groupe ADP develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2017, the Group handled through its brand Paris Aéroport more than 101 million passengers and 2.3 million metric tonnes of freight and mail at Paris-Charles de Gaulle and Paris-Orly, and more than 127 million passengers in airports abroad through its subsidiary ADP International. Boasting an exceptional geographic location and a major catchment area, the Group is pursuing its strategy of adapting and modernizing its terminal facilities and upgrading quality of services; the Group also intends to develop its retail and real estate businesses. In 2017, Group revenue stood at €3,617 million and net income at €571 million.

Registered office: 1, rue de France, 93 290 Tremblay-en-France. Aéroports de Paris is a public limited company (Société Anonyme) with share capital of €296,881,806. Registered in the Bobigny Trade and Company Register under no. 552 016 628.  www.groupeadp

 

About Hong-Kong International Airport

Press contact: Cathy Cheung, Senior Manager Media relations + +852 2188 7239 or Media hotline: +852 2188 7152

The Airport Authority Hong Kong (AAHK) is a statutory body wholly owned by the Hong Kong SAR Government. Established in 1995,  the AAHK is responsible for the operation and development of Hong Kong International Airport (HKIA). HKIA is one of the busiest airports in the world in terms of both passenger and cargo throughput. In 2017, HKIA handled 72.9 million passengers, making it the world’s third-busiest international passenger airport. HKIA has also been the world’s busiest cargo airport for eight consecutive years. Last year the airport handled more than 5 million tonnes of cargo and airmail, becoming the first airport in the world to reach this milestone.  www.hongkongairport.com