Home » Aviation, Breaking News » Hong Kong air cargo traffic down 17% in January

Cargo throughput at the Hong Kong International Airport declined 17.5 percent to 275,000 tonnes in January this year against January 2011 owing to sluggish seasonal demand during the Chinese New Year, a company statement on February 19 said.

Exports dropped by 20 percent year-on-year, while imports and transshipments decreased by 18 percent and 11 percent, respectively, compared to the same month last year, it added.

“Although cargo is expected to be slow following a general decline last year, there have been signs of a slowdown in the rate of decline since the last quarter of 2011. Therefore, we are confident that the aviation industry’s performance will continue to be vibrant in the long run,” said Stanley Hui Hon-chung, chief executive officer of Airport Authority Hong Kong.

On a rolling 12-month basis, the amount of cargo handled was 3.9 million tonnes, down 6.7 percent year-on-year.

 

Photo courtesy of HKIA

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