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Swire Pacific Limited
(Incorporated in Hong Kong with limited liability)

FOR IMMEDIATE RELEASE 15 October 2013

Cathay Pacific Cargo Terminal Commences Full Operations

[15th October 2013] Cathay Pacific Services Limited (CPSL) announced today that the new Cathay Pacific Cargo Terminal has successfully moved into full operation, providing a broad spectrum of logistics solutions for the air cargo industry.

To ensure a smooth transition for its launch customer airlines - Cathay Pacific Airways, Dragonair and Air Hong Kong - a phased approach was adopted for the opening of this HK$5.9 billion facility, beginning in February this year. The final cutover for the entire cargo operations of the three airlines was completed in early October.

Cathay Pacific Services Limited Chief Executive Officer Algernon Yau said: "The successful completion of the transition to full operations marks a key milestone for the Cathay Pacific Cargo Terminal. This new air cargo facility is equipped with advanced technology and enhanced workflows, and the Just-in-Time operations will set a new service benchmark for air cargo terminal operations. We will continue to strive to enhance Hong Kong's position as the leading airfreight hub in the region, offering a new customer experience for the airfreight industry."

Cathay Pacific Director Cargo James Woodrow said: "A tremendous effort by our dedicated team has finally resulted in the new terminal moving into full operation. It took a lot of hard work and commitment to ensure a smooth transition over the past eight months. The new facility will not only enable the Cathay Pacific Group to offer tailor-made services to our own cargo customers, but it will also raise service standards within the industry to new heights."

The Cathay Pacific Cargo Terminal, specially designed for cargo hub operations, is capable of handling 2.6 million tonnes of throughput per year, increasing Hong Kong International Airport's annual capacity by 50 per cent to 7.4 million tonnes.

Cathay Pacific Services Limited
Cathay Pacific Services Limited is a wholly owned subsidiary of Cathay Pacific Airways Limited. The company was formed in January 2008 and in March that year was awarded a 20-year franchise by Airport Authority Hong Kong to design, build and operate a new cargo terminal at Hong Kong International Airport - the Cathay Pacific Cargo Terminal.

# # #

1)
Cathay Pacific Services Limited announced that Cathay Pacific Cargo Terminal successfully commenced Stage Three operation in early October. The Terminal has moved into full operation, providing a broad spectrum of logistics solutions for the air cargo industry.

2)
The Terminal is equipped with extensive Wi-Fi coverage, supporting real-time
barcode data update to facilitate proactive monitoring of all cargo activities within
the Terminal. Cargo status can then be tracked and traced efficiently.

3)
Cathay Pacific Cargo Terminal is equipped with a state-of-the-art Materials Handling System (MHS), that supports its capacity for handling up to 2.6 million tonnes per year and increases Hong Kong International Airport's annual capacity by 50 per cent to 7.4 million tonnes.
 
Container Handling System, a sub-system of MHS, provides over 2,400 storage positions and ensures efficient cargo handling and movement within the terminal.
 
Containing over 4,200 storage positions, Bulk Handling System links with the Customs Examination Hall to facilitate the retrieval of bulk cargo for customs inspection.

4)
Workstations are highly secured with 100% closed-circuit television
coverage to monitor cargo build-up and breakdown.

5)
Along with two sub-contractors, nearly 1,800 job opportunities have been created
to support the operations at Cathay Pacific Cargo Terminal.

6)
The advanced Materials Handling System and Warehouse Operating System deployed at the facility have been working seamlessly to ensure the efficient handling of cargo.


Source: Swire Pacific Limited
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