HKIA sees worsening cargo slide, -8.6% in June

HKIA

Hong Kong International Airport (HKIA) reported drop in cargo throughput by 8.6 per cent in the month of June, year-on-year, to 387,000 tonnes.

The decrease in throughput in June was attributed to weaker performance in transhipments and imports, which dropped by 13 and 11 per cent, respectively. Amongst the key trading regions, cargo throughput to Southeast Asia and Europe decreased most significantly.

Cargo was down overall by 6.7 per cent to 2.3 million tonnes in the first six months, compared to the same period last year.

Weak demand in all three cargo categories – imports, exports and transhipments – was observed during the period, amid the uncertain global economic situation, HKIA says.

On a 12-month rolling basis cargo throughput amounted to 5.0 million tonnes, a decrease of 3.5 per cent over the same period last year.

On the passenger side it was a completely different story with steady growth in passenger traffic and flight movements recorded in the first half of 2019. From January to June this year, HKIA handled 37.8 million passengers and 212,975 flight movements, increasing 2.5 and 0.8 per cent, respectively, over the same period last year.

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HKIA sees worsening cargo slide, -8.6% in June
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HKIA sees worsening cargo slide, -8.6% in June
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Hong Kong International Airport (HKIA) reported drop in cargo throughput by 8.6 per cent in the month of June, year-on-year, to 387,000 tonnes.
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AsiaCargoBuzz.com
AsiaCargoBuzz.com
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