Hong Kong enjoys another record breaking year for air cargo
HONG Kong International Airport (HKIA) - the world's busiest freight hub - had another record breaking year for cargo in 2018 with volumes rising to 5
HONG Kong International Airport (HKIA) - the world's busiest freight hub - had another record breaking year for cargo in 2018 with volumes rising to 5.1 million tonnes.
Last year, HKIA saw cargo volumes increased by 1.5 per cent after becoming the first airport to handle more than 5 million tonnes the year before.
However, while it was another year of growth for cargo at Hong Kong, the level of improvement slowed from 2017's 9.2 per cent increase, reflecting a general market slowdown.
Freighter flight movements for the year were also up, increasing by 2 per cent to 57,670. Passenger numbers and flight movement also improved on 2017 levels.
Chief Executive of Airport Authority Hong Kong, Fred Lam, said: 'It's gratifying to see HKIA scale new heights in 2018 on all three air traffic categories, attesting to the dedication, resilience and contribution of our 73,000 airport community members.'
In December, cargo throughput was down by 5.2 per cent year on year which the airport said came 'amid the uncertain global economic situation'.
Among the key trading regions, traffic to/from Europe and Southeast Asia decreased most significantly in the month, reports London's Air Cargo News.