Hong Kong Air Cargo
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.
- Company typePrivate
- Founded2017
- HeadquartersLantau, Hong Kong SAR China
- Headcount251–500
- GTM typeB2B
- OfferingServices
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.
Hong Kong Air Cargo firmographics
Firmographics- 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
Hong Kong Air Cargo industry classification
Industry- 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
Where Hong Kong Air Cargo is headquartered
LocationHeadquarters
- HQ city
- Lantau
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices13 records
Markets served
Hong Kong Air Cargo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales
Revenue model
- 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.
- 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.
- 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.
- Express and Priority Services: Premium cargo services offering expedited delivery with guaranteed timing for urgent shipments, providing top-tier delivery solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Long-haul cargo fuel surcharge |
| Unit Pricing | Pay-as-you-go | Medium-haul cargo fuel surcharge |
| Unit Pricing | Pay-as-you-go | Short-haul cargo fuel surcharge |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Hong Kong Air Cargo product offering
Product offeringCore 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
Companies that use Hong Kong Air Cargo
Customer profileSegments3 records
Ideal customer profiles3 records
Hong Kong Air Cargo technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Hong Kong Air Cargo partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- AeroprimecoreHong 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 CargocoreTurkish 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
Hong Kong Air Cargo competitors and assessment
Company assessmentDirect 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
Hong Kong Air Cargo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hong Kong Air Cargo leadership team
Management profileNumber of profiles
Profiles1 record
Hong Kong Air Cargo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hong Kong Air Cargo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hong Kong Air Cargo
What does Hong Kong Air Cargo do?
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.
Is Hong Kong Air Cargo a public or private company?
Hong Kong Air Cargo is a private company. It is classified as corporate owned and is currently operating.
When was Hong Kong Air Cargo founded?
Hong Kong Air Cargo was founded in 2017. It employs 251 to 500 people.
Where is Hong Kong Air Cargo based?
Hong Kong Air Cargo is headquartered in Lantau, Hong Kong SAR China, in the Asia region.
How does Hong Kong Air Cargo make money?
Four revenue lines are on record. Cargo Transportation Services are the primary driver. The others are block Space Agreements (BSA), cargo Fuel Surcharges and express and Priority Services.
Who are Hong Kong Air Cargo's main competitors?
Direct peers on record are Cargolux, AirBridgeCargo, Cathay Cargo, Turkish Cargo and SF Airlines. Broad incumbents are Emirates SkyCargo, Qatar Airways Cargo and Korean Air Cargo. DHL Aviation is listed as an emerging player. MASkargo is listed as a regional player.
Does Hong Kong Air Cargo have an API?
No public API is recorded for Hong Kong Air Cargo.
What industry is Hong Kong Air Cargo in?
Hong Kong Air Cargo's product category is Air Cargo Transportation Services. Its primary akta.pro industry code is THABAEAA, Scheduled Air Cargo Airlines (All-Cargo Carriers), with a secondary code of TLADAAAA, General Cargo Air Freight Carriers (Scheduled & Charter). Its NAICS code is 481112 and its SIC code is 4512.