Science Fair Project Encyclopedia
Airport Authority Hong Kong
The Airport Authority Hong Kong (AA) is the statutory body of Hong Kong's government responsible for the operations of the Hong Kong International Airport. It is operated independent from the government financially. There are plans to corporatise the AA and to list it on the Hong Kong Stock Exchange and to be sold partially to the public.
A convention and exhibition facility, the AsiaWorld-Expo, on the northeastern corner of the island of Chek Lap Kok will be opened in 2005.
On January 17 2005 the AA acquired 49% stake of Hangzhou Xiaoshan International Airport (s 杭州萧山国际机场, t 杭州蕭山國際機場), defeating Singapore Changi Airport, Copenhagen Airport, Houston International Airport and BAA plc. A new holding company of Xiaoshan Airport will be formed and be listed on the Hong Kong Stock Exchange.
External links
- The Airport Authority
- Press release of AA on the aquisition
- Press release of AA on AsiaWorld-Expo
- NetEase report on the aquisition
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