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Cathay Pacific Services Limited is a wholly-owned subsidiary of Cathay Pacific Airways Limited. The Company was formed in January 2008 and was awarded a 20-year franchise by the Airport Authority Hong Kong, in March 2008, to design, build and operate a new cargo terminal at the Hong Kong International Airport - Cathay Pacific Cargo Terminal.

This new cargo terminal is a long-term strategic investment and development of Cathay Pacific in conjunction with its freighter fleet expansion to build Hong Kong as a cargo hub for the airline.