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HKIA Recorded Decrease in Cargo Throughput in February


HKIA Recorded Decrease in Cargo Throughput in February

 

Hong Kong International Airport (HKIA) saw continued growth in passenger throughput and flight movements in February 2019. During the month, HKIA handled 5.89 million passengers and 32,430 flight movements, marking year-on-year increases of 1.1% and 0.3%, respectively. Cargo throughput decreased by 14.4% to 274,000 tonnes due to unfavourable macroeconomic conditions.

 

Over the first two months of the year, HKIA handled 12.4 million passengers and 68,960 flight movements, representing year-on-year increases of 3.6% and 0.9%, respectively. HKIA handled 676,000 tonnes of cargo in January and February 2019 for an 8.6% decrease compared to the same period in 2018. Combining the figures of January and February for comparison would cancel the effect of Chinese New Year holidays.

 

Passenger volume during January and February 2019 was mainly driven by 7% year-on-year growth in transfer / transit traffic. Japan and Southeast Asia recorded the most significant traffic increases over the first two months of the year.

 

Amid global economic uncertainty, cargo traffic saw 10% drops in both imports and exports in these two months, which are consistent with the softening cargo market in the region. Amongst key trading regions, cargo traffic to and from Europe and Southeast Asia experienced the most significant decreases.

 

On a 12-month rolling basis, HKIA handled 75.1 million passengers and 428,365 flight movements, representing increases of 2.7% and 1.4% over the same period last year. Cargo throughput saw a slight decrease of 0.9% to 5.06 million tonnes.