OREANDA-NEWS. Airport Authority Hong Kong (AA) welcomed the announcement made by the Government today that the term of appointment for Dr Marvin Cheung Kin-tung as Chairman of the AA has been extended for one year to May 2015.
 
Dr Cheung plays a pivotal role directing AA in achieving sustainable growth and development while strengthening Hong Kong’s status as a leading international and regional aviation centre.
 
AA also announced that Chief Executive Officer, Stanley Hui has decided to step down, with effect from July 2014. Mr Hui will continue to oversee all aspects of AA’s operations until his departure.
 
Dr Cheung said, “Since taking the helm in early 2007, Stanley has done a remarkable job leading AA to meet Hong Kong International Airport’s fast-growing air traffic demand while providing a world-class travel experience for our passengers.
 
“Stanley’s rich experience and in-depth knowledge of the aviation industry have helped AA forge closer and deeper relationships with its numerous stakeholders, including more than 400 business partners at the airport. We are grateful to have had Stanley’s leadership over the past seven years,” he added.
 
Dr Cheung said that a special committee of AA’s Board members has been set up to oversee the global search for a new CEO.
 
Dr Cheung’s reappointment ensures continuity of leadership for AA’s major development plans and a smooth transition to the new CEO. Key projects including the three-runway system, the expansion of the Midfield and West Apron, and the development of the North Commercial District will proceed as planned.
 
“It has been an honour and a privilege to lead AA over the past seven years,” said Mr Hui. “To work with top-notch staff and the wider airport community, all of whom are completely dedicated to making HKIA the finest airport in the world, has been an immensely gratifying experience. I have decided to pursue other career interests and believe it is the right time to do so, but in the meantime, I will make every effort to ensure that the transition will be as seamless as possible.”