Airports see cargo volumes decline further in Febr
2019-04-10 11:14:58
(www.cargofee.com) News Broadcast:
Major airports suffered another month of traffic declines in February, with the world’s largest airfreight hub reporting a double-digit percentage decrease on a year earlier.
Hong Kong International Airport saw cargo volumes decrease by 14.4% year on year in February to 274,000 tonnes due to “unfavourable macroeconomic conditions”.
Elsewhere in Asia, Singapore’s Changi airport saw cargo traffic slide by 8.3% to 137,000 tonnes in February as “the slowdown in world trade saw all cargo flows – exports, imports and transhipments – weakening”.
In Europe, there was also a dip in cargo volumes in February as Airports Council International (ACI) Europe reported a 3.3% year-on-year decline.
The drop-off was led by European Union (EU) airports, which were down by 3.7% on a year earlier, while non-EU hubs registered a 1.2% decline.
Amongst the top 10 European airports for freight traffic only three posted gains: Liège (9.3%), Madrid (6.8%) and Istanbul-Ataturk (2.3%).
The region’s busiest cargo airport, Frankfurt, was down 2.8% during the month to 152,099 tonnes, there was a 3.3% decline at Paris CDG to 142,143 tonnes, London Heathrow noted a 3.8% decline to 128,065 tonnes and Amsterdam Schiphol slipped by 12.3% to 115,797 tonnes as its freighter slot woes continue.
Over the first two months combined, traffic at European airports was 2.7% behind last year.
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