Hong Kong continues cargo slide, down 7.3 per cent in May

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Cargo throughput at Hong Kong International Airport (HKIA) decreased 7.3 per cent in May, year-on-year, to 405,000 tonnes, according to the Airport Authority Hong Kong (AA).

Noting the, “uncertain global economic situation,” cargo imports decreased by 9.0 per cent, compared to the same month last year, while exports and transhipments both declined 7.0 per cent. During the month, cargo throughput associated with Southeast Asia, Japan and Mainland China decreased most significantly among the key trading regions.

In the first five months of the year, HKIA saw cargo throughput drop of 6.3 per cent to 1.9 million tonnes as compared with the same period in 2018.

On a 12-month rolling basis, HKIA handled saw cargo throughput decline 2.7 per cent to 5.0 million tonnes.

Meanwhile the AA also announced the further expansion of HKIA’s extensive network of airlines including Eznis Airways, which began providing three flights weekly to and from Ulaan Baatar, Mongolia, starting from 3 June.

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