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• W75983884 abstract "The Hong Kong airfreight industry faces keen domestic rivalry due to the emergence of Cathay Pacific’s new air cargo terminal. The emergence of the new air cargo terminal brings the airlines with low switching cost and strong bargaining power over air cargo terminals. They face cut-throat competition with each other. This paper investigates the internal and external environments and examines the performance of Hong Kong airfreight industry, like the growth rate of air cargo throughput, operational efficiency and market share. Regarding the competitive business environment, the authors identify the key factors involved in strengthening the role of Hong Kong as an international air cargo hub. This paper applies the Porter’s diamond framework to illustrate how Hong Kong airfreight industry utilizes their inherent resources and enhances capabilities to compete with neighboring competitors like Guangzhou Baiyun International Airport and Singapore Changi Airport in dynamic and challengeable environment. This paper applies the concept of regional competitiveness to critically assess Hong Kong’s potential evolution into an international air cargo hub. It provides an opportunity to look at the competition encountered by Hong Kong airfreight industry and grasps feasible opportunity in the external environment. The sustainable competitive advantage and first mover advantage will be achieved." @default.
• W75983884 created "2016-06-24" @default.
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• W75983884 date "2009-08-01" @default.
• W75983884 modified "2023-09-27" @default.
• W75983884 title "An Application of the Porter’s Diamond Framework: the Case of Hong Kong Airfreight Industry" @default.
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