Hong Kong Air Cargo

What Hong Kong Air Cargo does

Hong Kong Air Cargo is a privately held all-cargo airline incorporated in Hong Kong SAR, China, founded in 2017. The company operates a fleet of six Airbus A330-200F freighters with up to 60 tonnes net weight payload capacity per aircraft, providing international scheduled and non-scheduled air freight transportation services between Hong Kong and destinations across East Asia, Southeast Asia, South Asia, the Middle East, Europe, Central Asia, Oceania, and North America. The website lists 50+ city pairs, with 14 identified as currently operated destinations including Amman, Athens, Bangkok, Budapest, Chennai, Delhi, Dhaka, Hanoi, Istanbul, Larnaca, Manila, Osaka Kansai, Shanghai Pudong, Singapore, and Taipei. Operations are supported by 13+ offices and a network of General Sales and Services Agents (GSSAs) across Asia and Europe.

The core product portfolio comprises Charter Service for customized time-critical and sensitive shipments, Express & Priority for guaranteed urgent delivery, Dangerous Goods handling under IATA regulations, Live Animals transport, Courier, and Forwarding Services. Capacity is monetized both on spot/charter basis and through Block Space Agreement (BSA) programmes that reserve cargo capacity on specific scheduled routes — active BSA programmes cover Taipei, HKG-SIN (extra freighter), Australia (HKG-MEL/SYD on passenger aircraft), and India. Revenue streams include cargo transportation fees (transactional), BSA contracts (recurring/subscription-like), tiered cargo fuel surcharges by haul length (HKD 11.5/kg long-haul, HKD 5.8/kg medium-haul, HKD 3.3/kg short-haul as of June 2026), and express/priority service premiums. Customers are freight forwarders, cargo shippers and manufacturers, and other airlines seeking supplemental cargo capacity. The company entered a memorandum of understanding with Turkish Cargo in May 2025 to explore codeshare and joint freighter arrangements, and appointed Aeroprime as GSSA in India in July 2026.

Name

Hong Kong Air Cargo

Legal name

Hong Kong Air Cargo Carrier Limited

Website

https://hkaircargo.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

251–500 employees

Short description

Hong Kong Air Cargo is a privately held Hong Kong-based all-cargo airline operating six Airbus A330-200F freighters across 14+ destinations in Asia, Europe, the Middle East, and Oceania, serving freight forwarders, cargo shippers, and airlines via charter, scheduled, and Block Space Agreement services.

Ownership category

akta.pro rank

Product category

Air Cargo Transportation Services

NAICS

Scheduled Freight Air Transportation (481112), Nonscheduled Chartered Freight Air Transportation (481212)

SIC

Air Transportation, Scheduled (4512), Air Transportation, Nonscheduled (4522)

akta.pro primary industry

Scheduled Air Cargo Airlines (All-Cargo Carriers) (THABAEAA)

akta.pro secondary industries

General Cargo Air Freight Carriers (Scheduled & Charter) (TLADAAAA), Air Cargo Charter Specialists (On-Demand) (TLADAAAE), Express / Time-Definite Air Cargo Carriers (TLADAAAB)

Keywords

• Air cargo transportation
• Scheduled freight services
• Charter cargo flights
• Dangerous goods shipping
• Block space agreements

Headquarters

HQ city

Lantau

HQ country

Hong Kong SAR China

HQ region

Asia

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Cargo Transportation Services: Primary revenue from air cargo transportation services including charter flights and scheduled cargo services operating from Hong Kong to various international destinations across Asia, Middle East, and Europe.
2. Block Space Agreements (BSA): Revenue generated from BSA programs where customers reserve cargo capacity on scheduled flights, paying for allocated space on passenger or freighter aircraft.
3. Cargo Fuel Surcharges: Additional surcharges applied to cargo shipments based on destination distance: long-haul (HKD 11.5/KG), medium-haul (HKD 5.8/KG), and short-haul (HKD 3.3/KG) for June 2026, with reduced rates effective July 2026.
4. Express and Priority Services: Premium cargo services offering expedited delivery with guaranteed timing for urgent shipments, providing top-tier delivery solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Hong Kong Air Cargo is an all-cargo airline based in Hong Kong that operates a fleet of six Airbus A330-200F freighters providing international scheduled and non-scheduled air freight transportation services. The carrier serves 14+ destinations across Asia, the Middle East, and Europe, offering charter services, express and priority delivery, dangerous goods handling, and live animal transport. Block Space Agreement (BSA) programs allow customers to reserve cargo capacity on specific scheduled routes, and the airline maintains 13 sales and operations offices globally.

Product overview

Hong Kong Air Cargo is an all-cargo airline based in Hong Kong, operating a fleet of six Airbus A330-200F freighters since 2017. The core product portfolio centers on air cargo transport services including Charter Service for customized time-critical or sensitive commodity shipments, Express and Priority for urgent deliveries with guaranteed performance, Dangerous Goods handling for hazardous materials per IATA regulations, and Live Animals transport with specialized care procedures. Supporting services include Cargo Claim processing and Cargo Fuel Surcharge administration. Capacity products such as Block Space Agreements (BSA) offer reserved cargo space on routes including HKG-SIN freighter and HKG-YVR passenger aircraft services. The airline serves scheduled and charter destinations across Asia, Europe, Middle East, and Australia, with a network spanning 14+ destinations including Taipei, Osaka Kansai, Singapore, Bangkok, Delhi, Dhaka, Manila, Hanoi, Athens, Larnaca, Budapest, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• Charter Service
• Express and Priority

Quantifiable outcome

• Operating 14 destinations across Asia, Europe, and Middle East
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• AeroprimecoreChannel Partner/ Reseller/ Distributor · 21 July 2026Hong Kong Air Cargo appointed Aeroprime as its General Sales and Services Agent (GSSA) in India to support market expansion in the fast-growing Indian cargo sector. The partnership includes charter flights between Hong Kong International and Navi Mumbai International airports starting August 10, operating on Mondays.
• Turkish CargocoreStrategic or Co-development Partner · 1 May 2025Turkish Cargo signed a memorandum of understanding with Hong Kong Air Cargo in May 2025 to explore codeshare arrangements and joint freighter aircraft use. This strategic partnership aims to expand route networks and enhance cargo capabilities for both carriers.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cargolux: Luxembourg-based all-cargo carrier operating a Boeing 747 freighter fleet on scheduled and charter services globally. Closely comparable as a dedicated freighter operator offering charter, scheduled, and special-cargo (pharma, livestock) services.
• AirBridgeCargo: Russian all-cargo airline operating a fleet of Boeing 747 freighters on scheduled and charter routes between Asia, Europe and North America. Closely comparable as a multi-fleet-type all-cargo carrier with a similar charter + scheduled business mix.
• Cathay Cargo: Cargo division of Cathay Pacific, headquartered at the same Hong Kong International Airport hub. Operates a mix of dedicated freighters and belly-cargo capacity across Asia, Europe, Americas and Australia — directly overlapping HKAC's network and customer base.
• Turkish Cargo: Cargo division of Turkish Airlines operating scheduled and charter freighter services across a global network from Istanbul. Highly comparable: HKAC signed a codeshare MoU with Turkish Cargo in May 2025 and they directly overlap on Asia–Europe lanes.
• SF Airlines: China-based all-cargo airline affiliated with SF Express, operating Boeing 737 and 747 freighters on domestic and international routes. Closely comparable as an Asia-based dedicated freighter carrier serving e-commerce and express-driven demand.

Broad incumbents

• Emirates SkyCargo: Cargo division of Emirates operating a dedicated freighter fleet (Boeing 777F) plus belly-cargo from its Dubai hub. Overlaps with HKAC on Asia–Europe routes and provides a benchmark for premium special-cargo handling.
• Qatar Airways Cargo: Cargo arm of Qatar Airways, one of the world's largest air-cargo operators with a fleet of dedicated freighters plus extensive belly-cargo capacity. Comparable as a global scheduled + charter cargo carrier overlapping on Asia–Europe/Middle East lanes.
• Korean Air Cargo: Cargo arm of Korean Air operating dedicated freighters and significant belly-cargo across Asia, Americas and Europe. Comparable as an Asia-headquartered carrier with freighter + scheduled operations across HKAC's served regions.

Emerging players

• DHL Aviation: Air operations of DHL Express, operating dedicated freighter aircraft globally as part of an integrator network. Partially comparable: competes for time-sensitive express cargo and has dedicated Asia–Europe capacity that overlaps with HKAC's express/priority product.

Regional players

• MASkargo: Cargo arm of Malaysia Airlines operating scheduled and charter freighter services across Asia-Pacific from Kuala Lumpur. Comparable as a regional dedicated-freighter carrier competing for intra-Asia and Asia–Europe cargo volumes.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hong Kong Air Cargo