 | |
| Type | Subsidiary |
|---|---|
| Industry | Parking |
| Headquarters | 5905 Campus Road, |
Area served | Canada |
Key people | Carlo Marrello, CEO |
| Owner | CK Hutchison Holdings |
| Website | www |
Park'N Fly Airport Parking, also known as Park'N Fly, is a Canadian airport parking operator based in Mississauga, Ontario. [1] It is the largest and only national operator for off-airport car parks in Canada. [2] [3] Park'N Fly is currently owned by CK Hutchison Holdings, a conglomerate in Hong Kong. [4] [5]
Park'N Fly began its business operations in Canada. [2] It is the largest Canadian operator of off-airport car parks, providing 22,400 car parking spaces over 180 acres of land. [3] [6]
In May 2014, Park'N Fly was acquired by two subsidiaries of Hutchison Whampoa. [7] The joint venture allocated ownership between Cheung Kong Holdings and Cheung Kong Infrastructure, both controlled by Hong Kong business magnate Li Ka-shing. As part of the agreement, each party holds a 50% interest in the assets of Park'N Fly. [8] This agreement also included the licensing rights of its brand name to Halifax International Airport Authority, which started since 2005. [9] The transaction was estimated to be worth $397.5 million in Canadian currency ($366 million US). [10] Prior to the acquisition, Park'N Fly was previously owned by BRL Realty, RNE Realty and Park'N Fly Partnership. [11]
The acquisition was officially finalized in July 2014. [12] [13] Subsequently, Carlo Marrello became the new CEO of Park'N Fly. [14] [15]
Park'N Fly offers economy, self-park and valet parking services at seven major airports in Canada, including the cities of Vancouver, Edmonton, Winnipeg, Toronto, Ottawa, Montreal and Halifax. All parking locations are offsite and near the major international airports in Canada. [8] [16]
Halifax Stanfield International Airport is a Canadian airport in Goffs, Nova Scotia, a rural community of the Halifax Regional Municipality. It serves the Halifax region, mainland Nova Scotia, and adjacent areas in the neighbouring Maritime provinces. The airport is named in honour of Robert Stanfield, the 17th Premier of Nova Scotia and former leader of the federal Progressive Conservative Party of Canada.
Sir Li Ka-shing is a Hong Kong billionaire business magnate, investor, and philanthropist. He is the senior advisor for CK Hutchison Holdings and CK Asset Holdings, after he retired from the Chairman of the Board in May 2018; through it, he is a port investor, developer, and operator of the largest health and beauty retailer in Asia and Europe. As of July 2023, Li is the 33rd richest person in the world, with an estimated net wealth of US$37.7 billion.
Hutchison Whampoa Limited (HWL) was an investment holding company based in Hong Kong. It was a Fortune Global 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL was an international corporation with a diverse array of holdings which included the world's biggest port, and telecommunication operations in 14 countries that were run under the 3 brand. Its businesses also included retail, property development and infrastructure.
Victor Li Tzar-kuoi is a Hong Kong businessman, the chair of the board and group co-managing director of CK Hutchison Holdings Limited and the chairman of the board and managing director of CK Asset Holdings Limited and the Chairman of CK Infrastructure Holdings Limited. He is the elder son of tycoon Li Ka-shing and the brother of Richard Li.
Cheung Kong (Holdings) Limited, is a multinational conglomerate, based in Hong Kong. It was one of Hong Kong's leading multi-national conglomerates. The company merged with its subsidiary Hutchison Whampoa on 3 June 2015, as part of a major reorganisation, to become part of CK Hutchison Holdings.
Cheung Kong Center is a skyscraper in Central, Hong Kong designed by Cesar Pelli. It is 68 storeys tall with height of 283 m (928 ft) and a gross floor area of 1,260,000-square-foot (117,100 m2). When completed in 1999, it was the third-tallest building in the city after the Central Plaza and Bank of China Tower. The Cheung Kong Center sits on the combined sites of the former Hong Kong Hilton, which was demolished in 1995/6, and Beaconsfield House, sold by the Government in 1996. It stands between the HSBC Hong Kong headquarters building and the Bank of China Tower.
Power Assets Holdings Limited, formerly Hongkong Electric Holdings Limited, is a vertically integrated electric utility company. It is the majority shareholder in the Hongkong Electric Company, having reduced its holding in the company through a series of share sales, the most recent being in June 2015.
Hong Kong and Whampoa Dock was a Hong Kong dockyard, once among the largest in Asia.
SA Power Networks is the principle electricity distributor in the state of South Australia, delivering electricity from high voltage transmission network connection points operated by ElectraNet. It is the successor to the Electricity Trust of South Australia.
CK Infrastructure Holdings Limited (CKI), is the largest publicly listed infrastructure company in Hong Kong with diversified investments in energy infrastructure, transportation Infrastructure, water Infrastructure and infrastructure related business, parented by CK Hutchison Holdings, businessman Li Ka Shing's flagship company. It is a leading player in the global infrastructure arena in Hong Kong, Mainland China, Australia, New Zealand, the United Kingdom, Continental Europe and North America. The chairman is Victor Li, the elder son of Li Ka Shing.
Canning Fok Kin-ning is a Hong Kong business executive. He is a director or chair of numerous management board in companies of Cheung Kong Holdings and Hutchison Whampoa. He is hailed as the "King of Employees" since he has been one of the Hong Kong's top-five taxpayers in the past few years.
Hutchison Harbour Ring Limited was a Bermuda incorporated company based in Hong Kong. The company was sold to Oceanwide Holdings in December 2014.
CK Life Sciences International (Holdings) Inc., or CK Life Sciences, is a subsidiary of CK Hutchison Holdings. It is engaged in research and development, commercialization, marketing and sale of biotechnology products. The chairman is Mr. Victor Li, the elder son of Mr. Li Ka-shing, the chairman of Cheung Kong Holdings.
UK Power Networks (UKPN) is a distribution network operator for electricity covering South East England, the East of England and London. It manages three licensed distribution networks which together cover an area of 30000 square kilometres and approximately eight million customers.
A.S. Watson Group is the world's largest international health and beauty retailer, with over 16,100 stores in 28 markets worldwide serving over 5.5 billion shoppers every year, and 143 million loyalty programme members.
The 2013 Hong Kong dock strike was a 40-day labour strike at the Kwai Tsing Container Terminal. It was called by the Union of Hong Kong Dockers (UHKD), an affiliate of the Hong Kong Confederation of Trade Unions (HKCTU) on 28 March 2013, against contracting companies to whom workforce management had been out-sourced by the Hongkong International Terminals Ltd. (HIT), subsidiary of Hutchison Port Holdings Trust (HPHT), which is in turn owned by Hutchison Whampoa Ltd (HWL), flagship company of Li Ka-shing, Hong Kong's richest man. The strike workers demanded better pay and working conditions. The strike ended on 6 May 2013 when the strikers accepted the offer of 9.8% pay rise. It was the longest running industrial action in Hong Kong in years. Public support and media attention on the strike were unprecedented in the city's history. Some observers marked this as the rejuvenation of political engagement.
CK Asset Holdings Limited, previously known as Cheung Kong Property Holdings Limited, is a property developer registered in the Cayman Islands, with its headquarters and principal place of business in Hong Kong.
CK Hutchison Holdings Limited is a Hong Kong–based and Cayman Islands–registered multinational conglomerate corporation. The company was formed in March 2015 through the merger of Cheung Kong Holdings and its main associate company Hutchison Whampoa. It has four core businesses – ports and related services, retail, infrastructure and telecommunications – which operate in over 50 countries, as well as several other investments around the world.
HGC Global Communications Limited, formerly known as Hutchison Global Communications Limited, is an internet service provider of Hong Kong. In the past it was part of Hutchison Telecommunications, itself part of a mega-conglomerate CK Hutchison Holdings. Hutchison Global Communications was a listed company, via its parent company Hutchison Global Communications Holdings from 2004 to 2005.
The Li Ka-shing Family refers to a wealthy family based in Hong Kong but with business interests worldwide. The family empire was started by Li Ka-shing, a wealthy Hong Kong entrepreneur who has long been Hong Kong's wealthiest individual and one of the wealthiest in the world. While Li Ka-shing and his family are best known for CK Hutchison Holdings and CK Asset Holdings, they are also associated with a number of other businesses outside of CK including Pacific Century Group.
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