Declining volumes at world's biggest cargo hub
The Airport Authority Hong Kong (AAHK) has released Hong Kong International Airport’s (HKIA) traffic figures for May 2022. Cargo throughput and flight movements recorded 365,000 t and 10,440, respectively, representing decreases of 9.7% and 4.0% compared to the same month in 2021.
The continuing geopolitical tensions in Europe and disruptions to global supply chains caused by the pandemic led to the overall decline in cargo volume. Exports decreased by 15% year-on-year.
Cargo traffic to and from key trading regions in Europe and North America registered the most significant drops. On a 12-month rolling basis, however, passenger and cargo volume increased by 80.7% and 4.3% to 1.6 million and 4.9 million t, respectively. Flight movements rose by 12.3% to 144,020 t. (cj)