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Aviation | UKTI


Hong Kong International Airport in Hong Kong, China


The Sky’s The Limit


There are hundreds of opportunities globally for British companies in the aviation industry. UKTI’s Shakir Khaja points the way.


A


s 2014 marks 100 years of commercial aviation, investment in airport infrastructure is vital for future global economic growth. With passenger numbers at an all time high and airport capacity severely constricted, coupled with rapid economic growth in places such as Africa, China and Brazil the opportunities for British companies to participate in airport construction and expansion are at an all-time high. According to IATA, more than 8 million people fly daily and in 2013 total passenger numbers were 3.1 billion, with an expected 3.3 billion in 2014. Around 50 million tonnes of cargo is transported by air each year. Aviation supports over 57 million jobs and generates $2.2 trillion in economic activity, with the global airline industry turnover expected to be $743 billion in 2014. Airlines have developed strategies to reduce


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airport congestion by replacing smaller aircraft with larger single- aisle planes and creating airline alliances that prevent duplication on particular routes. Secondary hubs have been used to greater advantage, easing the strain on those airports that are stretched to capacity at peak hours. However, according to Boeing, continued infrastructure investment is particularly important in regions, such as Northeast and Southeast Asia, India, Latin America and China where aviation growth outpaces planned infrastructure development.


We are witnessing a shift change in the geographic base of our airport hubs with the emergence of a new airports and or airport expansion in BRIC and MINT countries. This acceleration in airport expansion is a direct result of a new middle class with more disposable income wanting to experience other cultures around


the globe and also an increase migrant working population.


Hong Kong International Airport UKTI is heading several trade


missions to Hong Kong, China and Brazil to flesh out the details for the new projects in these countries. A series of British companies are involved in the new Hong Kong airport terminal with passenger connectivity. This huge infrastructure project involves reclaiming land from the ocean and building a runway as well as the terminal. The new programme of works is


funded by HKAA and also the Hong Kong Government. The aviation sector is very mature since the opening of Hong Kong International Airport (Chek Lak Kok) in 1997. UK engineering consultancies such as Arup, Atkins and Mott MacDonald have been established in the market for many decades and HKAA are very complimentary of the UK suppliers.


Currently the airport has two ISSUE 01 | GLOBAL OPPORTUNITY 2014 85


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