HKIA airfreight volume down 7pc in July
AIR cargo throughput at Hong Kong International Airport (HKIA) fell by 7
AIR cargo throughput at Hong Kong International Airport (HKIA) fell by 7.3 per cent year on year in July to 401,000 tonnes on the back of 12 per cent declines in both imports and transshipment volumes.
Among Hong Kong's key trading partners, cargo traffic to and from Southeast Asia and North America decreased most significantly. However, July's decline seems to be reflective of the wider sustained downturn in the global airfreight market, reports London's Air Cargo News.
Over the first seven months of the year, HKIA handled 2.7 million tonnes of freight, a fall of 6.8 per cent compared to the same period of last year.
And on a 12-month rolling basis, cargo throughput up to the end of July amounted to 5 million tonnes, a decrease of 4.1 per cent year on year.
This month (August) has seen protests at HKIA, with demonstrators clashing with police inside the airport. Though these clashes appear to have had a relatively limited effect on cargo throughput, there is a concern that any sustained problems at the gateway might affect HKIA's well-deserved reputation as a cargo hub of global significance.