The Airport Authority Hong Kong
(abbreviated as AA
) (, abbreviated as 機管局) is the statutory body of the government
of Hong Kong
that is responsible for the operations of the Hong Kong International Airport
The authority was formed in 1995 and is independent of the government financially. There are plans to corporatise the AA and to list it on the Hong Kong Stock Exchange
and to partially sell it to the public.
A convention and exhibition facility, the AsiaWorld-Expo
, on the northeastern corner of the island of Chek Lap Kok
was opened in 21 December 2005.
On 17 January 2005, the AA acquired 49% stake of Hangzhou Xiaoshan International Airport
, with HK$
1.99 billion, compared to bids by 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
On 17 February 2006, the AA confirmed it will hold 55% stake in a company that operates the Zhuhai Airport
, with the remaining 45% owned by Zhuhai Airport. The company will not own the assets or the liabilities of the airport.
Under the administration of AAHK, Hong Kong International Airport
received numerous awards.
- Airport of the Year - Skytrax (2001 to 2005; 2007-2008)
- Journalists' Choice Award - OAG Worldwide (January 1999)
- One of the Best Airports - Condé Nast Traveler (October 1999 issue)
- Asia's Best Airport - Asiaweek (2000)