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Academic/Industry Reference
Yeung, J. H. Y., Cheung, W., Fung, M. K. Y., Zhao, X., & Zhang, M. (2010). The air cargo and express industry in Hong Kong: economic contribution and competitiveness.International Journal of Shipping and Transport Logistics,2(3), 321-345.
The above article is one of the academic references used in the project. In this article, the researcher examine the economic contribution and competitiveness of the air freight and express industry in Hong Kong. The study was conducted with the support of key industry players and other stakeholders including UPS, FedEx, TNT, and DHL. To achieve the purpose of the study, the researchers carried out a review of existing data and studies relating to logistics in Hong Kong and China. They also conducted a research into Hong Kongs air freight and express industry. The review of existing studies served as the foundation for secondary data analysis. However, the researchers carried out face-to-face interviews and used a questionnaire to examine the sources of competitiveness in Hong Kongs air freight and express industry. The research was geared toward providing insights on how to enhance the competitive position of this industry in Hong Kong. For secondary data analysis, the researchers utilized three approaches i.e. input-output tables, the econometric model, and a combination of the approaches. When conducting the research and analysis, these researchers relied on industry data and existing studies.
The study found that...…and maintain its role as an aviation hub in the region after the impact of the pandemic and China taking control?
Airlines like Cathay Pacific recorded the worse performance in history due to the travel restrictions brought by the pandemic. The removal of some travel restrictions provides an avenue for airlines to resume operations and become profitable as they grapple with the long-term economic effects of the pandemic. However, Hong Kongs role as an aviation hub is affected by various factors like competition from other aviation hubs. There is a gap in literature on the impact of disease outbreaks on Hong Kongs role as an aviation hub. The study is expected to demonstrate that Cathay…
Reference
Yeung, J. H. Y., Cheung, W., Fung, M. K. Y., Zhao, X., & Zhang, M. (2010). The air cargo and express industry in Hong Kong: economic contribution and competitiveness. International Journal of Shipping and Transport Logistics, 2(3), 321-345.
Cathay Pacific Airlines Vision The Cathay Pacific airline business can also potentially include in its primary objectives the subsequent 3 elements: To create and manage a new regional air travel company striving particularly at connecting parts of Asia and Europe, via European and Asian hubs and global locations (Keller, 2002). To supply service and absorb unmet needs in three main traffic groups: unserved and under-offered routes which popular presently is available or could be
Research Proposal: what the future will look like for Cathay Pacific after the pandemic and China taking control of Hong Kong and Hong Kong�s role as a hub in aviation.IntroductionThe wake of the COVID-19 pandemic has negatively impacted global economies, with aviation being among the affected industries. As of 2020, Cathay Pacific Airways of Hong Kong had recorded a total loss of HK $ 21.6B (about 2.8 billion US dollars)
He said that the application for Hong Kong Airlines was to list as a so-called "red chip" (overseas registered Chinese company) that had been approved by the State Council. They way, Grand China, which just two years ago called off a share sale plan due to the global economic crisis, is also the parent company of China Xinhua Airlines, Changan Airlines, and Shanxi Airlines ("Two airlines target," 2010).. Hong Kong
Air traffic has continued to increase and it now constitutes a considerable proportion of the travelling public. The amount of long-hour flights has increased significantly. Based on the International Civil Aviation authority, air traffic can be anticipated to double amid till 2020. Airline travel, especially over longer distances, makes air travelers vulnerable to numerous facets that will impact their health and well-being. Particularly, the speed with which influenza spreads and
Because passengers in those classes also receive larger seats, there is also some opportunity cost associated with those seats. There are simply fewer paying fares per square meter in those classes as a result of the larger seats. So to some extent, the price discrimination reflects both service and opportunity cost. However, the additional cost of serving these passengers is not as great as the differential in the ticket