Home » Aviation, Breaking News » HKIA posts modest traffic growth for May

Hong Kong International Airport (HKIA) recorded a slight growth in cargo volume for May, registering the first year-on-year growth since March last year.

Cargo traffic rose by 1.1 percent to 333,000 tonnes in May, primarily due to a 3 percent year-on-year increase in exports, HKIA said in a statement on June 18.

During the month, cargo throughput to and from Southeast Asia outperformed other key regions.

“Cargo volume recorded its first positive yearly growth in 14 months,” said Stanley Hui Hon-chung, CEO of Airport Authority Hong Kong, the statutory body responsible for the operation and development of the airport.

“Going forward, we remain cautiously optimistic and will continue to monitor closely the impact of economic uncertainties on the aviation industry,” he added.

For the first five months of the year, cargo volume registered a total of 1.6 million tonnes, a small decrease of 0.9 percent against the corresponding period a year ago.

On a rolling 12-month basis, cargo tonnage dropped 4.5 percent to 3.9 million.

 

Photo: PhillipC

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